Question: Eddie Industries issues $ 8 1 8 , 0 0 0 of 8 % bonds at 1 0 4 . The amount of cash received

Eddie Industries issues $818,000 of 8% bonds at 104. The amount of cash received from the sale is
a. $793,460
b. $818.000
c. $883,440
d. $850,720
Eddie Industries issues $ 8 1 8 , 0 0 0 of 8 %

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