For the Issuer of 20-Year Bonds,the Carrying Value Using the Effective

question 70

Multiple Choice

For the issuer of 20-year bonds,the carrying value using the effective interest method would decrease each year if the bonds were sold at a:
$$\begin{array}{l}\begin{array} { c c } &\text { Discount } & \text { Premium } \\a.&\text { No } & \text { No } \\b.&\text { No } & \text { Yes } \\c.&\text { Yes } & \text { Yes } \\d.&\text { Yes } & \text { No }\end{array}\end{array}$$

• A)Option a
• B)Option b
• C)Option c
• D)Option d

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