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Multiple-Choice Exercise 9-3 If bonds are issued at 101.25, this means that Oa. the bonds sold at a discount. Ob. the bond rate of
Multiple-Choice Exercise 9-3 If bonds are issued at 101.25, this means that Oa. the bonds sold at a discount. Ob. the bond rate of interest is 10.125% of the market rate of interest. Oc. a $1,000 bond sold for $101.25. Od. a $1,000 bond sold for $1,012.50.
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
5th edition
78025915, 978-1259115400, 1259115402, 978-0078025914
