Question: 1 (1 point) What is the straight-line method for amortizing bond discount or premium? Same amount of amortization is taken each period O An increasing

1 (1 point) What is the straight-line method for amortizing bond discount or premium? Same amount of amortization is taken each period O An increasing amount of amortization is recorded each period O Decreasing amount of amortization is taken each period O Large amount of amortization taken in first year followed by same amount in the remainder of the years

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