Question: Regarding zero - interest - bearing notes, 1 . Any interest is never recognized until the note is paid. 2 . The debtor recei es

Regarding zero-interest-bearing notes, 1. Any interest is never recognized until the note is paid. 2. The debtor recei es the present value of the note and pays back the future value. 3. The debtor receives the future value of the note and pays back the present value. 4. They do jot have an interest component

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