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If bonds are issued initially at a premium and the effective-interest answered method of amortization is used, total interest expense over the term of the

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If bonds are issued initially at a premium and the effective-interest answered method of amortization is used, total interest expense over the term of the bonds will be greater than if the straight-line method were used. greater than the amount of the interest payments. the same as if the straight-line method were used. less than if the straight-line method were used

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