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Home Q & A Board Other Fields Homework Help Business Accounting
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Harrison Harrison
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6 years ago
Bonds with a face value of $100,000 were sold at an effective rate of 10% to yield cash proceeds in excess of $100,000. It is apparent the bonds had a:
A) market rate greater than 10%
B) market rate less than 10%
C) stated rate less than 10%
D) stated rate greater than 10%
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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AlexmosutheAlexmosuthe
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6 years ago
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