Question: Firm Issued $ 5 0 M , 1 2 % bonds on 0 4 / 0 1 / 2 0 2 2 at 9 6

Firm Issued $50M,12% bonds on 04/01/2022 at 96 plus accrued Interest Bonds are dated 01/01/2022. Interest payments are on 6/30 and 12/31. Cash proceeds from the Issuance :

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