When selling bonds at a premium, the premium received effectively a. reduces the cost...
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Accounting
When selling bonds at a premium, the premium received effectively a reduces the cost of borrowing. b does not affect the cost of borrowing. c increases the cost of borrowing. d reduces the amount of cash received when bonds are sold. 
When selling bonds at a premium, the premium received effectively
a reduces the cost of borrowing.
b does not affect the cost of borrowing.
c increases the cost of borrowing.
d reduces the amount of cash received when bonds are sold.
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