Question: I need typed answer with explanation otherwise I will report to your answer and don't use AI BOT otherwise I will report to your answer.
I need typed answer with explanation otherwise I will report to your answer and don't use AI BOT otherwise I will report to your answer. Explain why reaming options are incorrect I will thumb up.
The annual interest payment on bonds:
A) increases over the life of the bonds when bonds are issued at a discount.
B) decreases over the life of the bonds when bonds are issued at a discount.
C) stays constant over the life of the bonds, regardless of whether bonds are issued at par, a discount, or a premium.
D) increases over the life of the bonds under the effective-interest method, but stays constant under the straight-line method of amortization.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
