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If an issuer sells bonds at a premium: Multiple Choice The carrying value of the bond stays constant over time. The carrying value increases from
If an issuer sells bonds at a premium:
Multiple Choice
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The carrying value of the bond stays constant over time.
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The carrying value increases from the par value to the issue price over the bonds term.
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The carrying value decreases from the par value to the issue price over the bonds term.
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The carrying value increases from the issue price to the par value over the bonds term.
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The carrying value decreases from the issue price to the par value over the bonds term.
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