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The premium on bonds payable: A. has no effect on interest expense over the life of the bonds. O B. increases interest expense to the

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The premium on bonds payable: A. has no effect on interest expense over the life of the bonds. O B. increases interest expense to the effective interest rate. C. represents an increase in the periodic interest payment over the life of the bonds. OD. represents a decrease in interest expense over the life of the bonds

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