Question: In practice, under the cost/amortized cost method and ASPE, any discount or premium on a bond investment is required to be recognized and reported separately,

In practice, under the cost/amortized cost method and ASPE, any discount or premium on a bond investment is required to be recognized and reported separately, and amortized using the effective-interest rate method not recognized or reported separately; amortized using the effective-interest method not recognized or reported separately; amortized using either the straight-line or effective-interest method required to be recognized and reported separately, and amortized using the straight-line method
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