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  3. Study Set
    Principles of Financial Accounting
  4. Exam
    Exam 19: Accounting for Investments
  5. Question
    When Bonds Are Purchased Between Interest Dates,the Buyer Must Pay
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When Bonds Are Purchased Between Interest Dates,the Buyer Must Pay

Question 20

Question 20

True/False

When bonds are purchased between interest dates,the buyer must pay (in addition to the bonds' cost)the amount of interest that has accrued since the last interest payment date.

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