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1 8 . Griggs failed to amortize the discount on an outstanding five - year bond issue, What is the resulting effect on interest expense

18. Griggs failed to amortize the discount on an outstanding five-year bond issue, What is the resulting effect on interest expense and the bond book value, respectively A. Understated , understated . B. Understated , overstated C. Overstated , overstated . D. Overstated , understated .

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