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Exhibit 14-1 a $300,000, Ten-Year, 8% Bond Issue Was Sold

Question 164

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Exhibit 14-1 A $300,000, ten-year, 8% bond issue was sold to yield 9% interest payable annually. Actuarial information for 10 periods is as follows: Exhibit 14-1 A $300,000, ten-year, 8% bond issue was sold to yield 9% interest payable annually. Actuarial information for 10 periods is as follows:   -Refer to Exhibit 14-1. At date of issuance cash received would be A)  $280,747 B)  $293,820 C)  $299,904 D)  $300,000
-Refer to Exhibit 14-1. At date of issuance cash received would be


A) $280,747
B) $293,820
C) $299,904
D) $300,000

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