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Tomm Tomm
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Posts: 653
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6 years ago
Under the effective-interest method of amortization, the cash payment on each interest payment date will:
A) remain the same for each interest period
B) decrease if bonds are issued at a premium
C) increase if bonds are issued at par
D) increase if bonds are issued at a discount
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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1 Reply
ACC 925
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TheSinTheSin
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6 years ago
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