BakedBiscuit3920 BakedBiscuit3920
  • 13-10-2022
  • Business
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downing company issues $5,000,000, 6%, 5-year bonds dated january 1. the bonds pay interest semiannually on june 30 and december 31. the bonds are issued to yield 4%. what are the proceeds from the bond issue? calculate the amount of cash received.

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