Question: If a zero - interest bearing note with a face value of $ 1 0 0 , 0 0 0 and 3 - year maturity

If a zero-interest bearing note with a face value of $100,000 and 3-year maturity is issued for cash, the issuing company will iniltialy credit the note payable at an amount that is less than $100,000. True or False

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