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2. Buthainah Inc. bought a machine on January 1, 2016. The machine cost $27,000 and had an expected salvage value of $3,000. The life of
2. Buthainah Inc. bought a machine on January 1, 2016. The machine cost $27,000 and had an expected salvage value of $3,000. The life of the machine was estimated to be 4 years. The book value of the machine at the end of the second year would be A. $24,000 $15,000 B. C. $12,000 D. 3. If the A. B. $6,000 coupon Fate of interest is higher than the market rate of interest, bonds will sell at face value. at a discount. C. at a premium. D. only after the coupon rate of interest is decreased
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