Multiple Choice
When bonds are issued at a premium, the total interest cost of the bonds over the life of the bonds is equal to the amount of the
A) interest paid over the life of the bond.
B) interest paid over the life of the bond plus the amount of premium amortized.
C) interest paid over the life of the bond minus the amount of premium amortized.
D) premium.
Correct Answer:
Verified
Correct Answer:
Verified
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