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In practice, under the cost / amortized cost method and ASPE, any discount or premium on a bond investment is required to be recognized and

In practice, under the cost/amortized cost method and ASPE, any discount or premium on a bond investment is
required to be recognized and reported separately and amortized using the straight-line method. required to be recognized and reported separately and amortized using the effective interest rate method. not recognized or reported separately; amortized using the effective interest method.
not recognized or reported separately; amortized using either the straight-line or effective interest method.
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