Business

Phoenix Flores

2 July, 13:45

Under the effective interest? method, the amount of bond discount amortized each interest period is equal to? the:

a. amount of interest expense less the cash paid for interest.

b. amount of interest expense plus the cash paid for interest.

c. face value of the bond times the stated interest rate.

d. face value of the bond times the market interest rate at the date of issue.

+3

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