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A company uses the effective interest method to amortize a bond discount. Which of the following statements is true regarding the interest expense that is

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A company uses the effective interest method to amortize a bond discount. Which of the following statements is true regarding the interest expense that is recognized each year? Multiple ChoIce It will Increase from yeer to year. It will be greater than the Interest payment It wll remain the some from year vear t will be greater than the interest payment and it will also increase from year to year

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