Business
Business, 12.08.2019 17:30, huwoman

When bonds are sold at a premium and the effective interest method is used, at each subsequent interest payment date, the cash paid is:
a. less than the effective interest.
b. equal to the effective interest.
c. greater than the effective interest.
d. more than if the bonds had been sold at a discount.

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Answers: 2

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When bonds are sold at a premium and the effective interest method is used, at each subsequent inter...

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