Question: When using the effective interest rate method to amortize premiums or discounts, both the interest expense and the effective interest rate on the bond book

When using the effective interest rate method to amortize premiums or discounts,
both the interest expense and the effective interest rate on the bond book value will change every
period
both the interest expense and the effective interest rate on the bond book value will remain constant
the interest expense changes every period, but the effective interest rate on the bond book value will
remain constant
the interest expense remains constant, but the effective interest rate on the bond book value will
change every period
When using the effective interest rate method to amortize premiums or

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