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A friend of you, knowing you are an accounting major, approaches you with the following ideas concepts: 1. Bonds can only be issued with a

A friend of you, knowing you are an accounting major, approaches you with the following ideas concepts:
1. Bonds can only be issued with a positive yield. The headline on the newspaper indicating bonds with a negative yield is completely nonsens
2. Using straight-line method to detemine interest on bonds will result in a lower amount of total interest expense over the life-span of bonds than using effective interest method.
Comments on his ideas concepts. Give him some examples that maybe his ideas concepts might be incorrect
image text in transcribed
A friend of you, knowing you are an accounting major, approaches you with the following ideas concepts: 1. Bonds can only be issued with a positive yield. The headline on the newspaper indicating bonds with a negative yield is completely nonsense 2. Using straight-line method to determine interest on bonds will result in a lower amount of total interest expense over the life-span of bonds then using effective interest method Comments on his ideas concepts. Give him some examples that maybe his ideas concepts might be incorrect For the toolbar.press ALT-F10 (PC) O ALT-FN-F10 (Mac)

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