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When the effective interest method is used to amortize bond premium or discount, the periodic amortization will increase if the bonds were issued at a

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When the effective interest method is used to amortize bond premium or discount, the periodic amortization will increase if the bonds were issued at a discount. increase if the bonds were issued at a premium. increase if the bonds were issued at either a discount or a premium. decrease if the bonds were issued at a premium

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