Using the market interest rate at the time of issue to account for bonds in subsequent periods
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"Using the market interest rate at the time of issue to account for bonds in subsequent periods provides a book value for bonds that is consistent with using historical, or acquisition, cost valuations for assets." Explain.
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Related Book For 
Financial Accounting An Introduction To Concepts Methods And Uses
ISBN: 9780324183511
10th Edition
Authors: Clyde P. Stickney, Roman L. Weil
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