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    Financial Accounting Study Set 11
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    Exam 9: Long-Term Liabilities
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    The Effective-Interest Method of Amortizing a Bond Discount or Premium
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The Effective-Interest Method of Amortizing a Bond Discount or Premium

Question 40

Question 40

True/False

The effective-interest method of amortizing a bond discount or premium results in different amounts of interest expense for every interest payment over the bond's life.

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