For Bonds Payable, the Cash Interest Paid in Each Interest

Multiple Choice

For bonds payable, the cash interest paid in each interest period is:

A) Not the same amount when the stated and yield interest rates are different.
B) Different depending upon the date of sale.
C) The same amount regardless of whether the bond was sold at par, a discount, or a premium.
D) Dependent on the initial amount of accrued interest.