1. The result of taking the bond's face value, then either subtracting any unamortized discount or adding any unamortized premium is called a bond's _________

2. Interest that is a function of economic factors and the creditworthiness of the borrower is called the ______ rate of interest.

3. A contingent liability must be recognized in the accounting records if it _____ and a reasonable estimate of the loss can be made.