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11. Long Term Liabilities
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11. Long Term Liabilities
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11. Long Term Liabilities / Premium on Bonds / Problem 6
Problem 6
XYZ Corporation issues \$200,000 of bonds at a 102% premium. How much cash does XYZ Corporation receive?
A
\$206,000
B
\$200,000
C
\$204,000
D
\$202,000
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