The Bonds Are Dated January 1 2010 And Pay Interest On June 30 And December 31 W (1)

The bonds are dated January 1, 2010, and pay interest on June 30 and December 31. What is the total cash received on the issue date? 65. Everhart Company issues $10,000,000, 6%, 5-year bonds dated January 1, 2010 on January 1, 2010. The bonds pays interest semiannually on June 30 and December 31. The bonds are issued to yield 5%. What are the proceeds from the bond issue?