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If a bond purchased at a premium and the straight-line amortization method is used, than: o the premium amortization will result in an incream in

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If a bond purchased at a premium and the straight-line amortization method is used, than: o the premium amortization will result in an incream in interest income. 1 thu premium amortized each year will decrease over the life of the bond the premium amortization will result in a pucrrart in the interest expense o the amortization will remain constant over the life of the bond.. o Nonu of these

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