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When using the effective-interest method of amortizing a discount or premium, interest expense is calculated by multiplying the: Select one: a. coupon (stated) interest rate

When using the effective-interest method of amortizing a discount or premium, interest expense is calculated by multiplying the: Select one: a. coupon (stated) interest rate by the face value of the bonds b. market interest rate by the face value of the bonds c. coupon (stated) interest rate by the carrying value of the bonds d. market interest rate by the carrying value of the bonds

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