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To extinguish a bond means which of the following comments ? To issue a bond at a premium To repurchase a bond from the market
To extinguish a bond means which of the following comments ? To issue a bond at a premium To repurchase a bond from the market To invest in a bond from the market, To issue a bond at a discount GHI sold its 5-year bond at a premium. At the payment date, which one of the following comments is correct? Interest expense is greater than the cash paid. The coupon rate is more than the market rate (yield). The principal will increase until it reaches the face value at the end of the bond term. The net bond liability account will be credited. An actuary for pension accounting is An accountant working outside the company to calculate the pension obligation A statistician working outside the company to calculate the pension obligation An accountant working inside the company A cash manager managing the pension investment account
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