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    Financial Accounting
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    Exam 11: Long-Term Liabilities: Notes, Bonds, and Leases
  5. Question
    Bonds Payable That Are Redeemed by the Issuer
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Bonds Payable That Are Redeemed by the Issuer

Question 63

Question 63

Multiple Choice

Bonds payable that are redeemed by the issuer


A) typically pay far less interest than the market rate of interest.
B) are considered unsecured.
C) have no market value.
D) are repurchased or retired.

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