If Bonds with a Face Value of $100,000 Are Sold

question 136

Multiple Choice

If bonds with a face value of $100,000 are sold at 102,the amount of cash proceeds is:

• A) $108,800.
• B) $100,000.
• C) $99,898.
• D) $102,000.

---

Definitions:

Close Proximity

Describing a short distance or a situation where objects or individuals are near each other.

Omnichannel Retailing

The retailing practice of integrating customer experiences across the physical and online channels.

Brick-and-mortar

Refers to physical stores or businesses that have a tangible presence in the form of buildings or other structures as opposed to online or virtual spaces.

In-store Pickup Technology

Digital solutions that allow customers to order products online and collect them at a physical retail location.