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

Question 114

Multiple Choice

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


A) carrying value of the bonds will decrease.
B) carrying value of the bonds will increase.
C) interest expense will increase, if the discount is being amortized on a straight-line basis.
D) unamortized discount will increase.

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