Question: The formula for computing a bond's interest expense each year under the straight-line method is: A. Effective interest - discount amortized B. Cash interest -

The formula for computing a bond's interest expense each year under the straight-line method is: A. Effective interest - discount amortized B. Cash interest - discount amortized (or + premium amortized) C. Cash interest + discount amortized (or - premium amortized) D. Cash interest minus effective interest

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