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What is the carrying value of interest-bearing notes

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Reference no: EM132581545

Question 1: The carrying value of interest-bearing and non-interest-bearing notes can be all of the following except:

Group of answer choices:

Option 1: face value plus a premium

Option 2: face value less the discount

Option 3: face value with no premium or discount

Option 4: face value less the portion of each payment that reduces the principal

Reference no: EM132581545

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