Question: Question Content AreaIf $ 5 0 0 , 0 0 0 of 8 % bonds is issued at 1 0 2 , the amount of

Question Content AreaIf $500,000 of 8% bonds is issued at 102, the amount of cash received from the sale is _____.
a. $510,000
b. $530,000
c. $500,000
d. $540,000

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