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How much is the cash proceeds for company a on november

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Question - On November 1, 2020, Company A issues 8-year, 6% bonds with a face value of $7,500,000 at 104 plus accrued interest. Interest dates for the bonds are January 1 and July 1. How much is the cash proceeds for Company A on November 1, 2020?

Reference no: EM133189764

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