The amortization of a bond premium will result in reporting an amount of interest expense for an interest period that

a. exceeds the amount of cash to be paid for interest for the period.
b. is less than the amount of cash to be paid for interest for the period.
c. has no predictable relationship with the amount of cash to be paid for interest for the period.
d. equals the amount of cash to be paid for interest for the period.

B

Business

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