Under IFRS, If an Interest Rate Decreases After a Bond

question 55

Multiple Choice

Under IFRS, if an interest rate decreases after a bond is issued, the company should:

• A)recognize an unrealized gain in other comprehensive income.
• B)recognize a gain in net income.
• C)ignore the changes in the interest rates.
• D)disclose the market value of debt in the notes to the financial statements.

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