Question: On May 1, 2013, Jared Enterprises issues bonds date January 1, 2013, that have a $2, 490,000 par value, mature in 10 years, and pay
On May 1, 2013, Jared Enterprises issues bonds date January 1, 2013, that have a $2, 490,000 par value, mature in 10 years, and pay 9% interest seminary on June 30 and December 31 The bonds are sold at plus four months accrued interest. What is the amount of cash jar Enterprises will collect on May 1, 2013 $2.714.300 $2.602.050 $2.655.000 $2.490.000 $2.564.700
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