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    Principles of Financial Accounting Study Set 1
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    Exam 15: Non-Current Liabilities
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    The Contractual Interest Rate and the Market Interest Rate on the Bond
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The Contractual Interest Rate and the Market Interest Rate on the Bond

Question 72

Question 72

True/False

The contractual interest rate and the market interest rate on the bond will always be equal if the bond's present value equals the face value of the bond.

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