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What is the total cash received on the issue date

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Question - Feller Company issues $2,000,000 of 10-year, 8% bonds on April 1, 20x1 at 101 3/4 plus accrued interest. The bonds are dated January 1, 20x1, and pay interest on June 30 and December 31. What is the total cash received on the issue date?

Reference no: EM133089183

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