Question: Question 2 ( 1 point ) Straight - line amortization of bond premium or discount: 6 1 Provides the same total amount of interest expense
Question pointStraightline amortization of bond premium or discount:Provides the same total amount of interest expense and interest revenue as the effective interest method over the life of the bondsProvides the same amounts of interest expense and interest revenue each interest period as the effective interest methodis appropriate when the bond term is especially longis appropriate for deep discount bonds
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