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nika2105 [10]
3 years ago
14

When bonds are sold at a premium, if the annual straight-line amortization amount is compared to the annual effective interest a

mortization amount over the life of the bond issue, the annual amount of the straight-line amortization of premium is_______________.
Business
1 answer:
murzikaleks [220]3 years ago
7 0

Answer: Higher than the effective interest amount in the early years and less than the effective interest amount in the later years.

Explanation:

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