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Methodology could best be described as
Premium On Bonds Payable
The excess amount by which bonds are sold over their face value, indicating investors’ willingness to pay more for certain bonds.
Bond Interest Expense
Bond interest expense is the cost incurred by an issuer of bonds for paying interest to the bondholders, typically recognized in the income statement.
Amortization
The gradual reduction of a debt over a period of time through regular payments that cover principal and interest.
Semiannually
Occurring twice a year or every six months.
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