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When bonds are issued at a premium, what happens to the carrying value and interest expense cach period over the life of the bonds? 20

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When bonds are issued at a premium, what happens to the carrying value and interest expense cach period over the life of the bonds? 20 Multiple Choice Coming value and interest expense increase O Camrying value and interest expense decrease O Carrying value decreases and interest expenses increases O Carrying value increases and interest expense decreases

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