Question: When the effective interest method is used to amortize bond premium or discount, the periodic amortization will increase if the bonds were issued at a

When the effective interest method is used to amortize bond premium

When the effective interest method is used to amortize bond premium or discount, the periodic amortization will increase if the bonds were issued at a discount. increase if the bonds were issued at a premium. increase if the bonds were issued at either a discount or a premium. decrease if the bonds were issued at a premium

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