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Salt Corporation issues bonds with a face amount of $10 million and a stated interest rate of 8%. The market interest rate associated with the

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Salt Corporation issues bonds with a face amount of $10 million and a stated interest rate of 8%. The market interest rate associated with the bonds is 6% Bond issue costs are $200,000 The bond issue costs should be recognized as a Multiple Choice deferred charge period expense reduction of the bond premium O deferred charge period expense reduction of the bond premium bond discount

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