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mamaluj [8]
3 years ago
8

Bonds were issued at a discount. In the bond amortization schedule:

Business
1 answer:
babunello [35]3 years ago
7 0

Answer: The correct answer is "C. The total effective interest over the term to maturity is equal to the amount of the discount plus the total cash interest paid."

Explanation: When the bonds are issued at a discount, in the bond amortization schedule the total effective interest over the term to maturity is equal to the amount of the discount plus the total cash interest paid.

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