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Adopting the effective-interest method means that the balance of the debenture liability represents: the par value of the debenture. the present value of the liability

Adopting the effective-interest method means that the balance of the debenture liability represents:

the par value of the debenture.

the present value of the liability throughout the debenture term.

the adjustment to the debenture par value.

the borrowing cost.

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