Question: ABC Inc issues $100,000 5 year, 8% bonds at a price of 102.05 on Jan 1, 2020. How much cash did ABC Inc. receive upon

ABC Inc issues $100,000 5 year, 8% bonds at a price

ABC Inc issues $100,000 5 year, 8% bonds at a price of 102.05 on Jan 1, 2020. How much cash did ABC Inc. receive upon issuance of the bonds (what were they sold for? O a. 510250 b.$97.950 OC 5100.000 Od. 5102050

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