Question: When interest expense is calculated using the effective-interest amortization method, interest expense (assuming that interest is paid annually) always equals the ________. Actual amount of

When interest expense is calculated using the effective-interest amortization method, interest expense (assuming that interest is paid annually) always equals the ________. Actual amount of interest paid Carrying value of the bonds multiplied by the effective interest rate Maturity value of the bonds multiplied by the effective interest rate Carrying value of the bonds multiplied by the stated interest rate

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