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The premium or discount on bonds accounted for under the cost/amortized cost model is a. Not amortized. b. Amortized over the expected holding period. c.

image text in transcribed The premium or discount on bonds accounted for under the cost/amortized cost model is a. Not amortized. b. Amortized over the expected holding period. c. Treated as a transaction cost. d. Amortized over the life of the bond

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