Question: On May 1, 2013, Jared Enterprises issues bonds dated January 1, 2013, that have a $2, 490,000 per value, Mature is 10 years, and pay
On May 1, 2013, Jared Enterprises issues bonds dated January 1, 2013, that have a $2, 490,000 per value, Mature is 10 years, and pay 9% interest semiannually on June 20 and December 31 The bonds are sold at par plus four months' accrued interest. What is the total amount of cash Jared enterprises will collect on May 1, 2013? $2, 714, 100 $2, 602.050 $2, 655.000 $2.490.000 $2.564.700
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