Question: Moving to the next question prevents changes to this answer. Question 1 8 All the following are correct about the effective interest method of discount
Moving to the next question prevents changes to this answer.
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All the following are correct about the effective interest method of discount or premium except:
The periodic amount of amortization changes.
The periodic amount of interest expense changes.
Results in the appearance that the effective interest rate on the debt is changing.
All of these are correct.
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