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6. When the stated interest rate is lower than the effective interest rate, bonds are issues at: a. discount b. face value (par) c. premium
6. When the stated interest rate is lower than the effective interest rate, bonds are issues at:
a. discount
b. face value (par)
c. premium
d. unable to determine
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Managerial Accounting
Authors: Carl Warren
14th Edition
1337516147, 978-1337270595
