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How does the effective interest rate method for amortizing bond discounts or premiums differ from the straight - line method? The effective interest rate method

How does the effective interest rate method for amortizing bond discounts or premiums differ from the straight-line method?
The effective interest rate method is only applicable to bonds issued at a premium, while the straight-line method is only applicable to bonds issued at a discount. The effective interest rate method results in lower total interest expense over the bond's term compared to the straight-line method.
The effective interest rate method results in equal periodic interest expense, while the straight-line method results in decreasing periodic interest expense.The effective interest rate method recognizes interest expense based on the market interest rate at issuance, while the straight-line method recognizes interest expense evenly over the bond's term.

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