On the maturity date, the bondholder is paid the face amount of the bond plus the last interest payment.

clmt2010

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On the maturity date, the bondholder is paid the face amount of the bond plus the last interest payment.

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Horngren's Accounting

Edition: 11^th

Authors: Miller-Nobles, Mattison, Matsumura

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clmt2010 Author

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Thank you, thank you, thank you!

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