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    Accounting What the Numbers Mean Study Set 2
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    Exam 7: Accounting for and Presentation of Liabilities
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    A Loan Discount Is
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A Loan Discount Is

Question 44

Question 44

Multiple Choice

A loan discount is:


A) a loan used to purchase a bond at a discount.
B) a discount market interest rate on a loan.
C) the same as a bond discount.
D) None of these.

Correct Answer:

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