Question: Read each statement below, indicate if it is true or false, and give a brief explanation of your answer. 1. When a bond is issued

Read each statement below, indicate if it is true or false, and give a brief explanation of your answer. 1. When a bond is issued at a discount, the semiannual amount of interest expense will be greater than the cash payment for interest. A. because interest expense includes both cash interest and amortization of the discount. B. because when a bond is issued at a discount, the market rate is lower than the contract (stated) rate. C. when a bond is issued at a discount, the semiannual amount of interest expense equals the cash payment for interest. O D. when a bond is issued at a discount, the cash payment for interest will be greater than the semiannual amount of interest expense
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