If $1,000,000 of 8% bonds are issued at 101, the amount of cash received from the sale is

If $1,000,000 of 8% bonds are issued at 101, the amount of cash receiv

1.	If $1,000,000 of 8% bonds are issued at 101, the amount of cash received from the sale is
Answer» If $1,000,000 of 8% bonds are issued at 101, the amount of cash received from the sale is Solution: