Exhibit 14-4
A $900,000, ten-year, 4% bond issue was sold to yield 5% interest payable annually. Actuarial information for 10 periods is as follows:
-Refer to Exhibit 14-4. At date of issuance cash received would be

Question

Exhibit 14-4
A $900,000, ten-year, 4% bond issue was sold to yield 5% interest payable annually. Actuarial information for 10 periods is as follows: 
-Refer to Exhibit 14-4. At date of issuance cash received would be

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The Answer of Exhibit 14-4
A $900,000, ten-year, 4% bond issue was sold to yield 5% interest payable annually. Actuarial information for 10 periods is as follows: 
-Refer to Exhibit 14-4. At date of issuance cash received would be

Exhibit 14-4 A $900,000, Ten-Year, 4% Bond Issue Was Sold to Yield