Quiz Ch 09 – Identifying the Characteristics of Bonds Based on Cash Proceeds

Financial Accounting

Thomas, Tietz, and Harrison

12th Edition

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Based on the fact that bonds with a face value of $200,000 were sold at an effective interest rate of 8% to yield cash proceeds over $200,000, which of the following characteristics do the bonds have?

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  • Search Terms: $, $,. % a a: a) an apparent at bonds cash effective excess face greater had in interest is it less market of proceeds rate rate. rate. b) rate. c) rate. d) sold stated than that the to value were with yield
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