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McMillan company issued a 300000 bond with a stated rate of 8%. which of the...

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Accounting

McMillan company issued a 300000 bond with a stated rate of 8%. which of the following is a possible term of cash recieved
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5) McMillan Company issued a $300,000 bond with a state rate of 8%. Which of the following is a possibility in terms of cash received when the bond was issued? a McMillan Company received $263,700. The effective/market interest rate was 7%. 6) McMillan Company received $272,900. The effective/market interest rate was 9%. 270,000 c) McMillan Company received $344,100. The effective/market interest rate was 8%. d) McMillan Company received $327,500. The effective/market interest rate was 10%

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