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Exhibit 14-2 A $500,000, Ten-Year, 7% Bond Issue Was Sold to Yield

Question 21

Multiple Choice

Exhibit 14-2
A $500,000, ten-year, 7% bond issue was sold to yield 6% interest payable annually. Actuarial information for 10 periods is as follows: Exhibit 14-2 A $500,000, ten-year, 7% bond issue was sold to yield 6% interest payable annually. Actuarial information for 10 periods is as follows: -Refer to Exhibit 14-2. At date of issuance cash received would be A) $489,903. B) $464,883. C) $511,778. D) $536,798.
-Refer to Exhibit 14-2. At date of issuance cash received would be


A) $489,903.
B) $464,883.
C) $511,778.
D) $536,798.

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