Question 6 In bond financing, if the interest on bonds (contract rate) higher than the market interest rate; the bonds will be issued with: O A. par value. O B. premium on bonds payable. Oc. a specific maturity date. O D. discount on bonds payable.
Question 6 In bond financing, if the interest on bonds (contract rate) higher than the market interest rate; the bonds will be issued with: O A. par value. O B. premium on bonds payable. Oc. a specific maturity date. O D. discount on bonds payable.
Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter11: Notes, Bonds, And Leases
Section: Chapter Questions
Problem 3Q
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Quèstion 6
In bond financing, if the interest on bonds (contract rate) higher than the market interest rate; the bonds will be issued with:
O A. par value.
O B. premium on bonds payable.
OCa specific maturity date.
O D. discount on bonds payable.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F156ef400-8d4b-4994-b05d-3e2e4744dca0%2F24975a8b-40f5-4eaa-99eb-16d176ae74e0%2Fkwxthe5_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Moving to another question will save this response.
Quèstion 6
In bond financing, if the interest on bonds (contract rate) higher than the market interest rate; the bonds will be issued with:
O A. par value.
O B. premium on bonds payable.
OCa specific maturity date.
O D. discount on bonds payable.
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