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On December 31,IOU Corporation Issued $100,000 of 10-Year,8% Bonds at 98.The

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On December 31,IOU Corporation issued $100,000 of 10-year,8% bonds at 98.The bonds pay interest annually on December 31.How much cash will bondholders receive when the bonds mature? (Assume that the final payment of interest has already been made separately.)


Definitions:

Chromatic Color

Colors that have hue, as opposed to achromatic colors (black, white, and grays), often perceived with a distinct colorfulness or saturation.

White

In a non-technical context, it refers to the color of maximum lightness; in a technical or racial context, it has different specific meanings.

Hue

A color or shade, especially as perceived in the spectrum of visible light.

Wavelength

The distance between successive peaks of a wave, typically used in the context of electromagnetic waves like light and radio waves.

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