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How would the recording of amortization of premium on noncurrent bond investments affect the Carrying Value of the Bond and Net Income, respectively? Select one:

How would the recording of amortization of premium on noncurrent bond investments affect the Carrying Value of the
Bond and Net Income, respectively?
Select one:
a. Decrease, Decrease
b. Increase, Decrease
c. Decrease, Increase
d. No effect, Increase
e. Increase, Increase
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