Why does the interest method of amortizing a discount or premium use the market rate in calculating

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Why does the interest method of amortizing a discount or premium use the market rate in calculating interest expense to be recorded?

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College Accounting A Practical Approach

ISBN: 9780134729312

14th Edition

Authors: Jeffrey Slater, Mike Deschamps

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Question Posted: Mar 03, 2020 07:14 AM

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Why does the interest method of amortizing a discount or premium use the market rate in calculating

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College Accounting A Practical Approach

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