This question is based on the following facts regarding bonds issued by Blood Meridian C0.:...
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This question is based on the following facts regarding bonds issued by Blood Meridian C0.: Issue date: January 1, Year 1 Maturity date: December 31 , year 10 Face value: $100,000 Coupon rate: 12%, payable semi-annually on June 30 and December 31 The bonds were issued to yield 10% How much cash was received for the bonds when the bonds were issued? (Depending on how you made your calculations, your answer could be different by a few dollars, so choose the closet answer.) $92,640$88,530$107,722$112,462
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