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    Business
  3. Study Set
    Accounting What the Numbers Mean
  4. Exam
    Exam 7: Accounting for and Presentation of Liabilities
  5. Question
    A Loan Discount Is
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A Loan Discount Is

Question 30

Question 30

Multiple Choice

A loan discount is:


A) a loan used to purchase a bond at a discount.
B) a discount market interest rate on a loan.
C) the same as a bond discount.
D) none of the above.

Correct Answer:

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