If the amount of a bond premium on an issued 11%, four-year, $100,000 bond is $12,928, the semiannual straight-line amortization of the premium is $1,416.

Name: If the amount of a bond premium on an issued 11%, four-year, $100,000 bond is $12,928, the semiannual straight-line amortization of the premium is $1,416.
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The semiannual straight-line amortization of the premium is calculated by dividing the total premium by the number of periods. In this case, $12,928 / (4 years * 2 periods/year) = $1,616.

If the Amount of a Bond Premium on an Issued