Realize net cash receipts from bond issuance

Reference no: EM13147542

On March 1, 2007, Cain Corp. issued at 103 plus accrued interest 200 of its 9%, $1,000 bonds. The bonds are dated January 1, 2007, and mature on January 1, 2017. Interest is payable semiannually on January 1 and July 1. Cain paid bond issue costs of $10,000. Cain should realize net cash receipts from the bond issuance of

Reference no: EM13147542

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