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A government issues $1 million in 30-year. 6 percent coupon bonds at a discount of $27,092. The bonds were sold to yield 6.2 percent. As
A government issues $1 million in 30-year. 6 percent coupon bonds at a discount of $27,092. The bonds were sold to yield 6.2 percent. As the government makes interest payments the reported interest expense/expenditure in the government-wide and governmental fund statements will: Select one: O A. Government-Wide Fund Increase Remain the same OB. Government-Wide Remain the same Fund Remain the same O C. Government-Wide Fund Increase Increase OD. Government-Wide Decrease Fund Remain the same A government issues $1 million in 30-year. 6 percent coupon bonds at a discount of $27,092. The bonds were sold to yield 6.2 percent. As the government makes interest payments the reported interest expense/expenditure in the government-wide and governmental fund statements will: Select one: O A. Government-Wide Fund Increase Remain the same OB. Government-Wide Remain the same Fund Remain the same O C. Government-Wide Fund Increase Increase OD. Government-Wide Decrease Fund Remain the same
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