Under the effective-interest method of amortization for bonds, the cash payment on each interest payment date A. decreases over the life of the bond B. increases over the first half of the life of the bond, and then decreases thereafter C. increases over the life of the bond D. Is constant Which of the following is not an advantage of owning preferred shares? A. receive assets before the common shareholders if the corporation liquidates B. receive dividends before the common shareholders C. pay a fixed dividend amount D. typically are non-voting