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Unformatted text preview: repayable in a specified number of equal annual installments over the life of the bond. Term bonds are bonds that mature in their entirety on a given date. Debt service fund accounting differs for the two types of bonds in that regular serial bonds do not require funds to be restricted. Exercises & Problems 6-2. Multiple Choice. 1. C 2. B 3. D 4. B 5. A 6. C 7. B 8. A 9. A 10. D...
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This note was uploaded on 09/01/2011 for the course BUSINESS 101 taught by Professor - during the Spring '11 term at Mississippi Valley State University.
- Spring '11