If an Issuer Sells Bonds at a Date Other Than

Multiple Choice

If an issuer sells bonds at a date other than an interest payment date:

A) This means the bonds sell at a premium.
B) This means the bonds sell at a discount.
C) The issuing company will report a loss on the sale of the bonds.
D) The issuing company will report a gain on the sale of the bonds.
E) The buyers normally pay the issuer the purchase price plus any interest accrued since the prior interest payment date.