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    Exam 14: Long-Term Liabilities
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    When a Bond Is Issued at a Price Higher Than
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When a Bond Is Issued at a Price Higher Than

Question 45

Question 45

Multiple Choice

When a bond is issued at a price higher than the face value,the difference is known as a ________.


A) premium
B) discount
C) maturity value
D) face value

Correct Answer:

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