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When the effective-interest method is used, the amortization of the bond premium a. decreases interest expense each period. b. increases interest expense in some periods
When the effective-interest method is used, the amortization of the bond premium a. decreases interest expense each period. b. increases interest expense in some periods and decreases interest expense in other periods. c. has no effect on the interest expense in any period. d. increases interest expense each period
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