If $1,000,000 of 8% Bonds Are Issued at 102 3/4

question 32

Multiple Choice

If $1,000,000 of 8% bonds are issued at 102 3/4, the amount of cash received from the sale is

• A) $1,080,000
• B) $972,500
• C) $1,000,000
• D) $1,027,500

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Definitions:

Appetite

The natural desire to satisfy a bodily need, especially for food.

Cholesterol

A waxy, fat-like substance that's found in all cells of the body, important for the synthesis of vitamin D, steroid hormones, and bile acids.

Hypovolemic Thirst

Thirst resulting from low bodily fluid volume, typically due to blood loss, sweating, or dehydration.

Osmotic Thirst

Osmotic thirst is a sensation of thirst aroused by a high concentration of solutes in the body's fluids, leading to a drive to consume water to dilute these solutes.