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  3. Study Set
    Financial Accounting Information for Decisions
  4. Exam
    Exam 10: Reporting and Analyzing Long-Term Liabilities
  5. Question
    When the Bond Contract Rate of Interest Is Above the Market
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When the Bond Contract Rate of Interest Is Above the Market

Question 183

Question 183

Short Answer

When the bond contract rate of interest is above the market rate of interest for that bond,the bond sells at a _____________.

Correct Answer:

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