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6 (book/static) Help When a bond is sold at a discount, the cash received is...

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Accounting

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6 (book/static) Help When a bond is sold at a discount, the cash received is less than the present value of the future cash flows from the bond, based on the market rate of interest on the date of issue. O B. because the market rate of interest is used when cakculating the present value of the future cash fows C. the discortanoun equals tothe between the cash received and the present value of the future cash flows

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