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under the effective interest method, interest expense X Your answer is incorrect. Under the effective interest method, interest expense is the same annual amount as
under the effective interest method, interest expense X Your answer is incorrect. Under the effective interest method, interest expense is the same annual amount as straight-line interest expense. is the same total amount as straight-line interest expense over the term of the bonds. always increases each period that the bonds are outstanding. always decreases each period that the bonds are outstanding
under the effective interest method, interest expense
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