Use the following information to answer the next 6 questions:
X2 issued callable bonds on January 1,2015.The bonds pay interest annually on December 31 each year.X2's accountant has projected the following amortization schedule from issuance until maturity:

-X2 issued the bonds:
A)At par.
B)At a premium.
C)At a discount.
D)Cannot be determined from the given information.

Question

Use the following information to answer the next 6 questions:
X2 issued callable bonds on January 1,2015.The bonds pay interest annually on December 31 each year.X2's accountant has projected the following amortization schedule from issuance until maturity:
 
-X2 issued the bonds:
A)At par. 
B)At a premium. 
C)At a discount. 
D)Cannot be determined from the given information.

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The Answer of Use the following information to answer the next 6 questions:
X2 issued callable bonds on January 1,2015.The bonds pay interest annually on December 31 each year.X2's accountant has projected the following amortization schedule from issuance until maturity:
 
-X2 issued the bonds:
A)At par. 
B)At a premium. 
C)At a discount. 
D)Cannot be determined from the given information.

Use the Following Information to Answer the Next 6 Questions