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Willson Glassware Company Issues $1,014,000 of 10%,10-Year Bonds at 97

Question 7

Multiple Choice

Willson Glassware Company issues $1,014,000 of 10%,10-year bonds at 97 on February 28,2019.The bond pays interest on February 28 and August 31.On August 31,2019,how much cash did Willson pay to the bondholders?


A) $51,968
B) $50,700
C) $101,400
D) $49,432

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