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What amount did Marigold receive from the bond issuance

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Question - On July 1, 2021, Marigold Corp. issued 4600 of its 10%, $1,000 bonds at 99 plus accrued interest. The bonds are dated April 1, 2021 and mature on April 1, 2031. Interest is payable semiannually on April 1 and October 1. What amount did Marigold receive from the bond issuance?

A. $4669000

B. $4600000

C. $4554000

D. $4454000

Reference no: EM133120564

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