Business, 10.12.2019 02:31 vanessa051266

If bonds are issued initially at a discount and the effective-interest method of amortization is used, interest expense in the earlier years will be:
a. greater than if the straight-line method were used.
b. greater than the amount of the interest payments.
c. the same as if the straight-line method were used.
d. less than if the straight-line method were used.

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If bonds are issued initially at a discount and the effective-interest method of amortization is use...