If the market rate of interest exceeds the contract rate, the bonds are issued at a discount.

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Financial Accounting A Business Perspective

ISBN: 9780072289985

7th Edition

Authors: Roger H. Hermanson, James Don Edwards

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Question Posted: Jun 16, 2024 04:23 AM

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If the market rate of interest exceeds the contract rate, the bonds are issued at a discount.

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Financial Accounting A Business Perspective

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