At the date of a bond issue, the effective rate of interest is significantly above the stated rate of interest. If the bond has a $1,000 face value, the proceeds from the issue would be
(Points : 2)
more than $1,000
less than $1,000
$1,000
$0
|
At the date of a bond issue, the effective rate of interest is significantly above the stated rate of interest. If the bond has a $1,000 face value, the proceeds from the issue would be
(Points : 2)
more than $1,000
less than $1,000
$1,000
$0
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