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The effective interest method of amortization of bond premiums and discounts is superior to the straight-line method because it results in a(n) a. uniform rate

The effective interest method of amortization of bond premiums and discounts is superior to the straight-line method because it results in a(n)

a. uniform rate of interest.

b. interest rate that increases or decreases slightly over time.

c. more variable interest rate.

d. interest rate that is close to the market interest rate.

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