Ono Industries issues one thousand $1,000, 10%, twenty-year bonds at 102. How much are its ...

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Ono Industries issues one thousand $1,000, 10%, twenty-year bonds at 102. How much are its ...

Ono Industries issues one thousand $1,000, 10%, twenty-year bonds at 102. How much are its proceeds?
A) $1,000,000
B) $1,020,000
C) $ 1,000
D) $1,300,000

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