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ABC Company issues a $100,000 bond on January 3 of the current year. The stated...

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Accounting

ABC Company issues a $100,000 bond on January 3 of the current year. The stated (contact) rate on the bond is 12%. At the date of issue, the market rate is 10%. As a result, the bond will be issued at:

a premium

a discount

an additional paid-in capital

par value

a dividend

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