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In Any Given Interest Period, the Amortization of a Bond

Question 45

Multiple Choice

In any given interest period, the amortization of a bond discount will cause interest


A) expense to be less than interest paid.
B) expense to be greater than interest paid.
C) payable to be greater than interest expense.
D) payable to be less than interest receivable.
E) expense to be equal to interest paid less the discount amortization.

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