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H3Ko H3Ko
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Posts: 4891
5 years ago
A bond is issued at premium ________.
A) when a bond's stated interest rate is less than the market interest rate
B) when a bond's stated interest rate is less than the effective interest rate
C) when a bond's stated interest rate is higher than the market interest rate
D) when a bond's stated interest rate is equal to the market interest rate
Textbook 

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
Read 180 times
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Mrgo-breedMrgo-breed
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5 years ago
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