What amount will marigold receive when it issues the bonds, Accounting Basics

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What amount will marigold receive when it issues the bonds

Problem: Marigold Inc. issues $2,047,300 of 7% bonds due in 10 years with interest payable at year-end. The current market rate of interest for bonds of similar risk is 8%.

What amount will Marigold receive when it issues the bonds?

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Accounting Basics: What amount will marigold receive when it issues the bonds

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Accounting Basics: What amount will marigold receive when it issues the bonds

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