Multiple Choice
When bonds are issued at a premium, the total interest cost of the bonds over the life of the bonds is equal to the amount of
A) interest paid over the life of the bond.
B) interest paid over the life of the bond plus the amount of premium at sale point.
C) interest paid over the life of the bond minus the amount of premium at sale point.
D) premium at sale point.
Correct Answer:
Verified
Correct Answer:
Verified
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