Question: When a company issues a bond at a premium, will the cash received at issuance be equal to the bond's principal (face value) amount, less
When a company issues a bond at a premium, will the cash received at issuance be equal to the bond's principal (face value) amount, less than the principal, or more than the principal? Cash collected is MORE than the bond principal amount Cash collected is EQUAL to the bond principal amount Cash collected is LESS than the bond principal amount
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