Madison Corporation is authorized to issue $820,000 of 5-year bonds dated June 30, Year 1, with a stated rate of interest of 11%. Interest on the bonds is payable semiannually, and the bonds are sold on June 30, Year 1. Required: Determine the proceeds that the company will receive if it sells the following:  1.  The bonds to yield 12%    $fill in the blank 1 2.  The bonds to yield 10%    $fill in the blank 2

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Q: am. 138.

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