Question: 2 When the interest payment dates are March 1 and September 1 , and notes are issued on July 1 , the amount of interest
When the interest payment dates are March and September and notes are issued on July the amount of interest expense to be accrued on December of the year of issue would:
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Mutiple Choice
Be for ten months.
Be for four months.
Be for six months.
Not be required.
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