A company paid $38,800 to acquire 7% bonds with a $41,000 maturity value. The company intends to hold the bonds to maturity. The cash proceeds the company will receive when the bonds mature equal: Multiple Choice $39,350. $43,870. $41,550. $41,000. $38,800.
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Home » Business » A company paid $38,800 to acquire 7% bonds with a $41,000 maturity value. The company intends to hold the bonds to maturity. The cash proceeds the company will receive when the bonds mature equal: Multiple Choice $39,350. $43,870. $41,550. $41,000.