Business, 14.10.2019 22:10 janakibubbles7711
Moss county bank agrees to lend the sadowski brick company $500,000 on january 1. sadowski brick company signs a $500,000, 6%, 9-month note. the entry made by sadowski brick company on january 1 to record the proceeds and issuance of the note is if the market interest rate for a bond is higher than the stated interest rate, the bond will sell at
a) par.
b) a discount.
c) a premium.
d) either a discount or premium.
Answers: 1
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Moss county bank agrees to lend the sadowski brick company $500,000 on january 1. sadowski brick com...
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