Question: Ivanhoe Company issue $ 1 9 3 0 0 0 0 0 of 1 0 - yea, 1 2 % bonds on March 1 ,

Ivanhoe Company issue $19300000 of 10-yea, 12% bonds on March 1,2024, at 98 plus accrued interest. The bonds are dated January 1,2024, and pay interest on June 30 and December 31. What amount of cash is received on the issue date?

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