When using the effective-interest method of amortization, interest expense reported in the income statement is impacted by

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When using the effective-interest method of amortization, interest expense reported in the income statement is impacted by the

a. par value of the bonds.

b. coupon rate of interest stated in the bond certificate.

c. market rate of interest on the date the bonds were issued.

d. both

(a) and (b).

(Appendix)

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