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Exhibit 14-2 A $500,000, Ten-Year, 7% Bond Issue Was Sold to Yield

Question 52

Multiple Choice

Exhibit 14-2
A $500,000, ten-year, 7% bond issue was sold to yield 6% interest payable annually. Actuarial information for 10 periods is as follows: Exhibit 14-2 A $500,000, ten-year, 7% bond issue was sold to yield 6% interest payable annually. Actuarial information for 10 periods is as follows: -Refer to Exhibit 14-2. The discount or premium at the date of bond issuance would be A) $11,778 premium. B) $36,798 premium. C) $10,097 discount. D) $35,117 discount.
-Refer to Exhibit 14-2. The discount or premium at the date of bond issuance would be


A) $11,778 premium.
B) $36,798 premium.
C) $10,097 discount.
D) $35,117 discount.

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