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    Principles of Financial Accounting Study Set 1
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    Exam 15: Non-Current Liabilities
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    A $1,000 Face Value Bond with a Quoted Price of 97
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A $1,000 Face Value Bond with a Quoted Price of 97

Question 13

Question 13

Multiple Choice

A $1,000 face value bond with a quoted price of 97 is selling for


A) $1,000.
B) $970.
C) $907.
D) $97.

Correct Answer:

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