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13) A company issues bonds and uses the effective-interest method of amortization. If interest expense exceeds interest paid on the bonds: A) the bonds were

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13) A company issues bonds and uses the effective-interest method of amortization. If interest expense exceeds interest paid on the bonds: A) the bonds were issued at a discount B) the bonds were issued at par C) the market interest rate is less than the stated interest rate D) the bonds were issued at a premium

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