Question: 1. How can someone identify a Junk Bond? 2. What is a Secured Bond? 3. What are the two methods allowed by U.S. GAAP for

1. How can someone identify a Junk Bond? 2. What is a Secured Bond? 3. What are the two methods allowed by U.S. GAAP for amortization of premium/discount bonds? Identify which one is the preferred GAAP method. 4. If a bond is issued at 95.6, this means that Chose one answer choices a. A $1,000 bond sold for $956.00 b. The bond sold at a premium c. A $1,000 bond sold for $95.60 d. The bond rate of interest is 9.56 percent of the market rate of interest

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