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Business, 18.01.2021 19:30 spotty1023

Under the effective-interest method of bond discount or premium amortization, the periodic interest expense is equal to the market rate of interest multiplied by the face value of the bonds. the stated (nominal) rate of interest multiplied by the face value of the bonds. the stated rate multiplied by the beginning-of-period carrying amount of the bonds. the market rate multiplied by the beginning-of-period carrying amount of the bonds.

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Under the effective-interest method of bond discount or premium amortization, the periodic interest...
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