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If interest expense is less than the contractual interestpayment, then A. the note was issued at a premium. B. the note was issued at a
If interest expense is less than the contractual interestpayment, then
A.
the note was issued at a premium.
B.
the note was issued at a discount.
C.
the note was issued at par.
D.
the company should refinance the note to get a better interestrate.
If interest expense is less than the contractual interestpayment, then
A. | the note was issued at a premium. |
B. | the note was issued at a discount. |
C. | the note was issued at par. |
D. | the company should refinance the note to get a better interestrate. |
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Accounting Information System
Authors: James A. Hall
7th Edition
978-1439078570, 1439078572
