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Business, 18.07.2020 22:01 sodiumvlogsYT

Superb Drive-Ins borrowed money by issuing $ 4 comma 000 comma 000 of 11 % bonds payable at 95.5. Interest is paid semiannually. Requirements 1. How much cash did Superb receive when it issued the bonds payable? 2. How much must Superb pay back at maturity? 3. How much cash interest will Superb pay each six months? Requirement 1. How much cash did Superb receive when it issued the bonds payable?

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Superb Drive-Ins borrowed money by issuing $ 4 comma 000 comma 000 of 11 % bonds payable at 95.5. In...
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