If the straight-line method of amortization is used, the amount of yearly interest expense will increase as the bonds approach maturity.

Name: If the straight-line method of amortization is used, the amount of yearly interest expense will increase as the bonds approach maturity.
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In the straight-line method of amortization, the interest expense remains constant each year because the total bond discount or premium is evenly spread over the life of the bond.

If the Straight-Line Method of Amortization Is Used, the Amount