available until you sign in again. Homework: 9-1 MyAccounting Lab: Module Nine Homework Score: 0 of 4 pts 19 of 36 (34 complete) S9-6 (book/static) Work: 9-1 My Accounting Lab. Module Nine Homework Updates Available Do you want to install the updates no HW Score: 92 Ques Read each statement below, indicate if it is true or false, and give a brief explanation of your answer 1. When a bond is sold at a discount, the cash received is less than the present value of the future cash flows from the bond, based on the market rate of interest on the date of issue. OA because the market rate of interest is used when calculating the present value of the future cash flows. OB. the cash received is more than the present value of the future cash fows. O c. the discount amount equals to the difference between the cash received and the present value of the future cash flows. OD. the cash received is equal to the present value of the future cash flows. Click to select your answer and then click Check Answer 5 parts remaining Check