Question: Interest expense is computed annually when a bond is issued for other than its face value. For a bond issued at a premium, how will

Interest expense is computed annually when a bond is issued for

Interest expense is computed annually when a bond is issued for other than its face value. For a bond issued at a premium, how will this component change under the effective interest method as the bond approaches maturity? Oa. Remain constant Ob. Decrease Oc. Increase Od. Not enough information given to decide

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