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If Bonds Have Been Issued at a Discount, Over the Life

Question 15

Multiple Choice

If bonds have been issued at a discount, over the life of the bonds, the


A) amortized cost of the bonds will decrease.
B) amortized cost of the bonds will increase.
C) interest expense will decrease, if the discount is being amortized on a effective interest basis.
D) unamortized discount will increase.

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