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 either a

When the effective-interest method is used to amortize bond premium or discount, the periodic amortization will

increase if the bonds were issued at either a discount or a premium.

increase if the bonds were issued at a discount.

increase if the bonds were issued at a premium.

decrease if the bonds were issued at a premium.

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