Regardless of an assisted living community's fee structure, when choosing a senior living residence, it is important to consider the quality of care, how the resident adapts to the new environment and the long-term affordability of the community.
When a bond is issued at a premium, that means that the bond is sold for an amount greater than the bond's face value. This generally means that the bond's contract rate is greater than the market rate.
If issued at a premium, the company pays less at maturity relative to the issue. price. The company records this adjustment to the cost as bond interest expense over the. life of the bonds through a process called amortization. Amortization of a discount. increases bond interest expense. Amortization of a premium decreases bond interest. expense.