What is a discount as it relates to zero-interest-bearing notes payable? O The discount represents the lender's costs to underwrite the note. O The discount represents the allowance for uncollectible amounts. O The discount represents the cost of borrowing. O The discount represents the credit quality of the lender.

What is a discount as it relates to zero-interest-bearing notes payable? The discount represents the lender's costs to underwrite the note. The discount represents the allowance for uncollectible amounts. The discount represents the cost of borrowing. The discount represents the credit quality of the lender