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If bonds are issued at a premium and the effective - interest method of amortization is used, int / isest expense in the earlier years
If bonds are issued at a premium and the effectiveinterest method of amortization is used, intisest expense in the earlier years will be
greater than the amount of the interest payments.
less than if the straightline method were used.
the same as if the straightline method were used.
greater than if the straightline method were used.
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