Question: Feed Plastics Co . ( FPC ) issued callable bonds on January 1 , 2 0 1 9 . FPC ' s accountant has projected
Feed Plastics CoFPC issued callable bonds on January FPCs accountant has projected the following amortization schedule from issuance until maturity:
DateCashEffectiveDecrease inOutstandingInterestinterestBalanceBalance$$$$
FPC issued the bonds
Question options:
A
Can't be determined from the information given
B
at a premium.
C
at par.
D
at a discount.
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