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Which of the following statements is correct? A. The amortization of the discount reduces the bond interest expense. B. A discount results when the bond's
Which of the following statements is correct?
A. The amortization of the discount reduces the bond interest expense.
B. A discount results when the bond's issue price is greater than its face value.
C. A premium results when the bond's issue price is greater than its face value.
D. The amortization of the premium increases the bond interest expense.
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