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Business, 21.04.2020 17:55 BM213

The effective interest amortization method: Multiple Choice Allocates bond interest expense over the bond's life using a changing interest rate. Allocates bond interest expense over the bond's life using a constant interest rate. Allocates a decreasing amount of interest over the life of a discounted bond. Allocates bond interest expense using the current market rate for each interest period. Is not allowed by the FASB.

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