Question: Eddie Industries issues $ 8 6 8 , 0 0 0 of 8 % bonds at 1 0 5 . The amount of cash received

Eddie Industries issues $868,000 of 8% bonds at 105. The amount of cash received from the sale is
a. $868,000
b. $911,400
c. $937,440
d. $841,960
Eddie Industries issues $868,000 of 8% bonds at 105. The amount

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