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    Financial Accounting Study Set 10
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    Exam 8: Long-Term Investments the Time Value of Money
  5. Question
    When the Discount Rate Is Equal to the Contractual Rate
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When the Discount Rate Is Equal to the Contractual Rate

Question 10

Question 10

True/False

When the discount rate is equal to the contractual rate, the present value of the bonds will equal the bonds face value.

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