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    Fundamental Financial Accounting Concepts
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    Exam 10: Accounting for Long-Term Debt
  5. Question
    What Is the Issue Price of $200,000 in Bonds That
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What Is the Issue Price of $200,000 in Bonds That

Question 11

Question 11

Essay

What is the issue price of $200,000 in bonds that sell at 95.5?

Correct Answer:

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$200,000 *...

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