Multiple Choice
When a premium on a held- to- maturity bond investment is amortized by the company holding the investment,:
A) the amount of interest revenue recognized will increase.
B) the amount of cash received as an interest payment will be reduced.
C) the amount of cash received as an interest payment will be increased.
D) the amount of interest revenue recognized will decrease.
Correct Answer:
Verified
Correct Answer:
Verified
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