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When bonds are issued at a premium, the interest rate used to calculate interest expense will be the contractual rate. amortized cost of the bonds

When bonds are issued at a premium, the

interest rate used to calculate interest expense will be the contractual rate.

amortized cost of the bonds will increase with successive amortization.

interest paid to bondholders will increase after each interest payment date.

amount of premium amortized will get larger with successive amortization.

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