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    Principles of Accounting Study Set 1
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    Exam 14: Long Term Liabilities
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    If the Market Interest Rate at the Date of Issuance
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If the Market Interest Rate at the Date of Issuance

Question 65

Question 65

True/False

If the market interest rate at the date of issuance of a bond exceeds the face interest rate,the bond will probably be sold at a discount.

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