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When bonds are issued at a discount, the total interest cost of the bonds over the life of the bonds is equal to the amount

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When bonds are issued at a discount, the total interest cost of the bonds over the life of the bonds is equal to the amount of cash interest paid over the life of the bonds as determined on the date of issuance. Ominus the amount of discount O minus the amount of premium O plus the amount of premium O plus the amount of discount

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