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Accounting > Non-interest Bearing Bond
The following information is about Non-interest Bearing Bond.
Non-interest Bearing Bond Defined
is a bond issued at a discount from its par value and not paying any interest to the holder. The interest earned is determined by the difference between the redemption price and the purchased price. U.S. Treasury bills are an example of non-interest bearing bonds.
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Auto makers look to Mexico
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Published January 1, 2009, 10:06 pm, The Pitt News
WASHINGTON — When the sun set on the nation's capital Tuesday, it marked the end of one era in the nation's political economy and the beginning of another.
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