All the following are correct about straight$-$line amortization of discount or premium except.

The periodic amount of amortization is a constant amount.

The periodic amount of interest expense is a constant amount.

Results in the appearance that the effective interest rate on the debt is changing.

All of these are correct.

All the following are correct about straight$-$line amortization of discount or premium except.

The periodic amount of amortization is a constant amount.

The periodic amount of interest expense is a constant amount.

Results in the appearance that the effective interest rate on the debt is changing.

All of these are correct.