Interviewer And Interviewee Guide
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Account Manager Interview Question:

Tell me about premium on bonds payable?

Submitted by: Murtaza
Premium on bonds payable (or bond premium) occurs when bonds payable are issued for an amount greater than their face or maturity amount. This is caused by the bonds having a stated interest rate that is higher than the market interest rate for similar bonds.
Submitted by: Murtaza

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