Question: Using the effective interest method, amortization of a discount or premium behave in this manner over the life of the outstanding bonds Decrease for premium

Using the effective interest method, amortization of a discount or premium behave in this manner over the life of the outstanding bonds

Decrease for premium bond, decrease for discounted bond

Increase for premium bond, increase for discounted bond

Decrease for premium bond, increase for discounted bond

Increase for premium bond, decrease for discounted bond

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