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Week 2/CH 14 Discussion: Long-Term Liabilities Discuss in detail why bonds may be sold or traded at a discount or a premium. Also explain in

Week 2/CH 14 Discussion: Long-Term Liabilities

Discuss in detail why bonds may be sold or traded at a discount or a premium. Also explain in your own words what the amortization of a bond discount or a bond premium is and how it works.

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