Question: Question 1 2 . 5 pts Binko Corp issued debentures with a face interest rate of 8 percent and a market interest rate of 9
Question
pts
Binko Corp issued debentures with a face interest rate of percent and a market interest rate of percent. The debentures will be issued at a and the interest expense will be than cash interest paid.
discount; greater
premium; greater
premium; less
discount; less
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