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Business, 12.04.2021 17:40 mere33

​Drive-Ins borrowed money by issuing $ 2 comma 500 comma 000 of 8 % bonds payable at 96.5. Interest is paid semiannually. Requirements 1. How much cash did Sonic receive when it issued the bonds​ payable? 2. How much must Sonic pay back at​ maturity? 3. How much cash interest will Sonic pay each six​ months? Requirement 1. How much cash did Sonic receive when it issued the bonds​ payable?

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​Drive-Ins borrowed money by issuing $ 2 comma 500 comma 000 of 8 % bonds payable at 96.5. Interest...
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