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If bonds are issued at a premium, the stated interest rate is____ A. higher than the market rate of interest B. lower than the market
If bonds are issued at a premium, the stated interest rate is____
A. higher than the market rate of interest
B. lower than the market rate of interest
C. too low to attract investors
D. adjusted to a higher rate of interest
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Principles Of Financial Accounting
Authors: Jerry J. Weygandt, Michael J. Atkins, Donald E. Kieso, Paul D. Kimmel, Valerie Ann Kinnear, Barbara Trenholm, Joan E. Barlow
1st Canadian Edition
