If bonds with a face value of $204,000 are issued at par,the amount of cash proceeds is ________.
A) $203,890
B) $204,000
C) $224,400
D) $244,800

Name: If bonds with a face value of $204,000 are issued at par,the amount of cash proceeds is ________. A) $203,890 B) $204,000 C) $224,400 D) $244,800
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Question

Quizplus · Accepted Answer

If the bonds are issued at par, the cash proceeds will be equal to the face value of the bonds, which is $204,000. Therefore, the correct answer is B.

If Bonds with a Face Value of $204,000 Are Issued