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Home Q & A Board Other Fields Homework Help Business Accounting
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majestico majestico
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Posts: 1455
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6 years ago
When selling bonds at a discount, the discount received effectively:
A) increases the amount of cash received when bonds are sold.
B) increases the cost of borrowing.
C) does not affect the cost of borrowing.
D) reduces the cost of borrowing.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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AugustisAugustis
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6 years ago
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majestico Author
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#2
6 years ago
Thanks for attempting to answer. You were correct in your response!
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#3
5 years ago
Happy to help Slight Smile 
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