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II. Place the letter of the phrase that best describes each word in the space indicated. 1. Indenture 2. Premium on Bonds 3. Carrying Value
II. Place the letter of the phrase that best describes each word in the space indicated. 1. Indenture 2. Premium on Bonds 3. Carrying Value 4. Discount on Bonds 5. Reacquisition Price a. b. Results when bonds' effective interest rate at the date of issuance exceeds the stated interest Results when bonds' effective interest rate at the date of issuance is less than the stated interest. Price paid by issuing corporation to buy back its own bonds. Book value of bonds at any given date. The bond contract or agreement. A document that pledges title to property as security for a loan. d. e. f
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