What are the net proceeds from donald''s bond issue

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To finance the production of a new Temper Control Box, Donald's Anger Management issued 200 bonds at a value of $1,000 per bond with an underwriting commission of 1.75%. Donald's also paid accounting fees of $1, 800, legal fees of $2, 525, printing costs of $0.02 per bond issued, and other expenses of $525. What are the net proceeds from Donald's bond issue?

Reference no: EM131216292

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