Question: Eddie Industries issues $ 8 1 2 , 0 0 0 of 8 % bonds at 1 0 3 . The amount of cash received

Eddie Industries issues $812,000 of 8% bonds at 103. The amount of cash received from the sale is
a. $787,640
b. $876.960
c. $812.000
d. $836,360
Eddie Industries issues $ 8 1 2 , 0 0 0 of 8 %

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