Question: When the effective interest rate method is used, the amortization of the bond premium O a. increases interest expense each period O b. decreases interest

When the effective interest rate method is used, the amortization of the bond premium O a. increases interest expense each period O b. decreases interest expense each period O c. increases interest expense in some periods and decreases interest expense in other periods O d. has no effect on the interest expense in any period

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