Question: If $ 1 , 0 0 0 , 0 0 0 of 8 % bonds are issued at 9 8 1 2 , the amount

If $1,000,000 of 8% bonds are issued at 9812, the amount of cash received from the sale is
$1,080,000
5985,000
51,000,000
51,027,500
If $ 1 , 0 0 0 , 0 0 0 of 8 % bonds are issued at

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