On June 30,2011,Xanadu Corporation issued $200,000 of 10-year,8% bonds at 99.The bonds pay interest semi-annually on June 30 and December 31.How much cash will bondholders receive on December 31,2011,the first interest payment date?

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The Answer of On June 30,2011,Xanadu Corporation issued $200,000 of 10-year,8% bonds at 99.The bonds pay interest semi-annually on June 30 and December 31.How much cash will bondholders receive on December 31,2011,the first interest payment date?

On June 30,2011,Xanadu Corporation Issued $200,000 of 10-Year,8% Bonds at 99.The