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A bond that matures in installments is called a: O bearer bond. O term bond. O callable bond. O serial bond. The selling price of
A bond that matures in installments is called a: O bearer bond. O term bond. O callable bond. O serial bond. The selling price of a bond is the sum of the present values of the principal and the periodic interest payments. The present values are determined by discounting using the O nominal rate. O stated rate. O coupon rate. O market rate. The printing costs and legal fees associated with the issuance of bonds should O be reported as a reduction to the issue amount of the bond payable and then amortized to expense over the life of the bond. O not be reported as an expense until the period the bonds mature or are retired. O be expensed when incurred. O be accumulated in a deferred charge account and amortized over the life of the bonds
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