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    Intermediate Accounting Study Set 14
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    Exam 13: Financial Instruments: Long-Term Debt
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    The Present Value of Any Bond Payable Issued Between Interest-Payment
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The Present Value of Any Bond Payable Issued Between Interest-Payment

Question 21

Question 21

True/False

The present value of any bond payable issued between interest-payment dates will include any interest accrued since the last interest payment date.

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