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    Financial Accounting Study Set 28
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    Exam 10: Reporting and Analyzing Liabilities
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    If Bonds Were Issued at a Premium, Then the Contractual
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If Bonds Were Issued at a Premium, Then the Contractual

Question 41

Question 41

Short Answer

If bonds were issued at a premium, then the contractual rate of interest was _______________ than the market rate of interest.

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