Question: MSFT Windows Co . failed to amortize the premium on an outstanding five - year bond issue. What is the resulting effect on interest expense

MSFT Windows Co. failed to amortize the premium on an outstanding five-
year bond issue. What is the resulting effect on interest expense and the bond
carrying value, respectively?
Understated, understated.
Overstated, overstated.
Overstated, understated.
Understated, overstated.
MSFT Windows Co. failed to amortize the premium on an outstanding

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