Question: Required Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or

Required Compute the cash proceeds from bond issues under the following terms.

Required Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or discount. (Round your answers to nearest dollar amount.) a. Pear, Inc. issued $229,000 of 10-year, 8 percent bonds at 101. b. Apple, Inc. issued $82,000 of five-year, 12 percent bonds at 98. c. Cherry Co. issued $133,000 of five-year, 6 percent bonds at 103 1/4. d. Grape, Inc. issued $35,000 of four-year, 8 percent bonds at 98.00. Cash Proceeds Discount or Premium Premium Discount Premium Discount

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