RX issued $1,000,000,10% bonds payable (interest payable annually),which mature at the end of five years from issue date.The effective rate of interest at issuance was 8%.The sale price of the bonds was: $_________________.

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The Answer of RX issued $1,000,000,10% bonds payable (interest payable annually),which mature at the end of five years from issue date.The effective rate of interest at issuance was 8%.The sale price of the bonds was: $_________________.

RX Issued $1,000,000,10% Bonds Payable (Interest Payable Annually),which Mature at the End