When a bond sells at a premium:
a) The contract rate is above the market rate.
b) The contra...
Business, 16.12.2020 16:40 chloeann4688
When a bond sells at a premium:
a) The contract rate is above the market rate.
b) The contract rate is equal to the market rate.
c) The contract rate is below the market rate.
d) It means that the bond is a zero coupon bond.
Answers: 1
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Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount
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