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deezee deezee
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3 years ago
In theory (disregarding any other marketplace variables) the proceeds from the sale of a bond will
be equal to:
A) The face amount of the bond plus the present value of the interest payments made during
the life of the bond discounted at the prevailing market rate of interest.
B) The sum of the face amount of the bond and the periodic interest payments.
C) The present value of the principal amount due at the end of the life of the bond plus the
present value of the interest payments made during the life of the bond, each discounted at
the stated rate of interest.
D) The present value of the principal amount due at the end of the life of the bond plus the
present value of the interest payments made during the life of the bond, each discounted at
the prevailing market rate of interest.
Textbook 
Intermediate Accounting, Volume 2

Intermediate Accounting, Volume 2


Edition: 5th
Authors:
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Haleyharris1Haleyharris1
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3 years ago
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3 years ago
Oh god, I was lost before coming here. Thanksss
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Great, make sure you mark the topic solved, it hides it from other eyes Slight Smile
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