Question: CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT gne Multiple Choice Question 63 Waterway Industries issues $5150000, 8%, 5-year bonds dated January 1, 2017 on January

CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT gne Multiple Choice Question 63 Waterway Industries issues $5150000, 8%, 5-year bonds dated January 1, 2017 on January 1, 2017. The bonds pay interest semiannually on June 30 and December 31. The bonds are issued to yield 7%. What are the proceeds from the bond issue? 3.5% 4.0% 7% 8%

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