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How much cash did levy company raise

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Reference no: EM132745143

Question: Could you please explain how to question / how to do it if the question was "How much is premium bonds". On january 1, 2020, levy company issues 300 x 5% bonds with a face value of $1400. The bonds mature on December 31, 2030 and pay interest semi-annually. The bond is old at 94.8. How much cash did Levy company raise?

Reference no: EM132745143

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