With an interest-bearing note, the amount of cash received upon issuance of the note generally exceeds the note's face value.

Name: With an interest-bearing note, the amount of cash received upon issuance of the note generally exceeds the note's face value.
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With an interest-bearing note, the amount of cash received upon issuance is typically equal to the note's face value; the excess over the face value paid back at maturity represents the interest.

With an Interest-Bearing Note, the Amount of Cash Received Upon