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When a bond is issued at a premium The interest expense and carrying value increase each interest payment period. None of these answers are correct.

When a bond is issued at a premium

The interest expense and carrying value increase each interest payment period.

None of these answers are correct.

The interest expense and carrying value decrease each interest payment period.

The interest expense increases, but the carrying value decreases each interest payment period.

The interest expense decreases, but the carrying value increases each interest payment period.

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