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If $2,000,000 of 10% bonds are issued at 97, the amount of cash received from the sale is
a. $2,100,000
b. $2,060,000
c. $2,000,000
d. $1,940,000

Answer :

Kaylacheerfeltsgo Kaylacheerfeltsgo

The answer to your question is d.$1,940,000

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