A company issued $300,000, 10-year, 10% bonds at 105. Use the information above to answer...

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Accounting

A company issued $300,000, 10-year, 10% bonds at 105.

Use the information above to answer the following question. What is the issue price of these bonds?

A) $300,000

B) $315,000

C) $285,000

D) $330,000

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