Business, 29.04.2021 16:10 neverfnmind

Which of the following are true of amortizing a premium bond using the effective interest amortization method: Multiple select question. The semiannual cash interest payment is larger than the bond interest expense. The semiannual cash interest payment is less than the bond interest expense. The excess of the interest expense over the cash payment increases the principal. The excess of the cash payment over the interest expense reduces the principal.

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