Use of the straight-line method in amortizing premiums and discounts on bond investments results in a: Select one: a. greater amount of interest income over the life of the bond than would result from use of the effective interest method. b. varying amount being recorded as interest income from period to period. c. constant amount recorded as interest income from period to period. d. smaller amount of interest income over the life of the bond than would result from use of the effective interest method