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19 March, 09:02

Selling the bonds at a premium has the effect of a. raising the effective interest rate above the stated interest rate b. causing the interest expense to be lower than the bond interest paid c. causing the interest expense to be higher than the bond interest paid d. attracting investors that are willing to pay a lower rate of interest than on similar bonds

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  1. A
    19 March, 10:29
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    B. causing the interest expense to be lower than the bond interest paid
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