Examlex
Which of the following would be unlikely to find in a note for a research report?
Premium on Bonds Payable
The amount by which the bond's issue price exceeds its face value, reflecting the cost of issuing debt at an interest rate lower than the market rate.
Discount on Bonds Payable
The difference between the par (or face) value of a bond and its lower issuing price, representing an additional cost of borrowing for the issuer.
Straight-Line Amortization
A method of evenly spreading the cost of an intangible asset over its useful life.
Discount at Issuance
The difference between the face value of a bond and its selling price when the bond is sold for less than its face value.
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