Which of the following is correct about the effective-interest method of amortization?

Which of the following is correct about the effective-interest method of amortization?
AAmortization of a premium decreases from period to period.
B The effective interest method applied to investments in debt securities is different from that applied to bonds payable.
C The effective-interest method produces a constant rate of return on the book value of the investment from period to period.
D Amortization of a discount decreases from period to period.
Acc/423 Acc423 Intermediate financial accounting iii final exam
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