Question: Question 9 0.5 pts On January 1, Blick Corp. issues $150,000 of 20-year, 9% bonds at 106. Assume interest is paid annually each January 1.

Question 9 0.5 pts On January 1, Blick Corp. issues $150,000 of 20-year, 9% bonds at 106. Assume interest is paid annually each January 1. What is the total cost of borrowing associated with this bond? $279,000 O $270,000 $261,000 $13,500 $9,000 Question 10 0.5 pts Over the term or life of a bond issued at a discount, the balance in the Discount on Bonds Payable account will be unaffected until the bonds mature. vary directly with market rates. fluctuate up and down if the market is volatile decrease Increase

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