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A Premium on Bonds Payable account indicates Select one: O a. The contractual rate is less than the effective rate O b. The market rate

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A Premium on Bonds Payable account indicates Select one: O a. The contractual rate is less than the effective rate O b. The market rate is less than the stated rate Oc. The market rate is greater than the effective rate O d. The coupon rate is less than the yield rate

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