How can there be interest expense each period for non-interest bearing bonds if there are no interest

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How can there be interest expense each period for non-interest bearing bonds if there are no interest payments?(Appendix)

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Cornerstones Of Financial Accounting

ISBN: 9780176707125

2nd Canadian Edition

Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone

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