Question: Question Content Area Eddie Industries issues $ 9 3 5 , 0 0 0 of 8 % bonds at 1 0 3 . The amount

Question Content Area
Eddie Industries issues $935,000 of 8% bonds at 103. The amount of cash received from the sale is
a. $935,000
b. $1,009,800
c. $906,950
d. $963,050

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