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Q11 If bonds are issued initially at a discount and the straight-line method of amortization is used for the discount, interest expense in the earlier
Q11
If bonds are issued initially at a discount and the straight-line method of amortization is used for the discount, interest expense in the earlier years will be
| Greater than if the compound interest method were used | ||
| The same as if the compound interest method were used | ||
| Less than if the compound interest method were used | ||
| Less than the amount of the interest payments |
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