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What is the purpose of a bond discount? A.It decreases the bond interest rate to the market interest rate at the time the bond was
What is the purpose of a bond discount?
A.It decreases the bond interest rate to the market interest rate at the time the bond was issued.
B.It decreases the periodic cash interest payments paid to those who purchased the bond.
C.It raises the bond interest rate to the market interest rate at the time the bond was issued.
D.It increases the periodic cash interest payments paid to those who purchased the bond.
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