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H3Ko H3Ko
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7 years ago
When a bond is issued, the issue price is the present value of the interest payments the bondholder will receive while holding the bond plus the present value of the bond principal that will be received at maturity.
A) True
B) False
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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H3Ko Author
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#2
7 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
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