BUS-A 312 #9

BUS-A 312 #9 - received on the issue date a $19,400,000 b...

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Amstop Company issues $20,000,000 of 10-year, 9% bonds on March 1, 2007 at 97 plus accrued interest. The  bonds are dated January 1, 2007, and pay interest on June 30 and December 31. What is the total cash 
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Unformatted text preview: received on the issue date? a. $19,400,000 b. $20,450,000 c. $19,700,000 d. $19,100,000...
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