If $1,000,000 of 8% bonds are issued at 103 1/2, the amount of cash received from the sale is
A) $1,080,000
B) $965,000
C) $1,000,000
D) $1,035,000
D
Business
A) $1,080,000
B) $965,000
C) $1,000,000
D) $1,035,000
D