When the effective interest rate is higher than the stated interest rate on a bond issue, will
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When the effective interest rate is higher than the stated interest rate on a bond issue, will the bond sell at a discount or premium? Why?
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Related Book For 
Survey of Accounting
ISBN: 978-0078110856
3rd Edition
Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi
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