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Match the following terms with the appropriate definitions/examples. Not every answer is used. Contingent Liability [Choose [Choose Current Liabilities Notes payable or bonds payable when they are due in 2 years Potential liabilities that have arisen as a result of a past transaction or event their ultimate outcome will not be Face Value The rate stated on the face of the bond that is used to compute interest payments. Also called the coupon rate The payment made when the bond matures used to compute interest payments. Stated Interest Rate Short-term obligations that will be paid in cash for fulfilled with other current assets) within 12 months or then Obligation to a lender, usually a bank for the amount borrowed, Long-term Liabilities [Choose