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Using the effective interest method, amortization of a discount or premium behave in this manner over the life of the outstanding bonds. Multiple Choice Decrease

Using the effective interest method, amortization of a discount or premium behave in this manner over the life of the outstanding bonds.

Multiple Choice

  • Decrease for premium bond, decrease for discounted bond

  • Increase for premium bond, increase for discounted bond

  • Decrease for premium bond, increase for discounted bond

  • Increase for premium bond, decrease for discounted bond

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