Under the Effective-Interest Method, If Bonds Are Issued at a Discount

Multiple Choice

Under the effective-interest method, if bonds are issued at a discount:

A) the amount of interest expense decreases each interest period as the bonds move towards maturity.
B) the amount of interest expense remains the same for each interest period.
C) the amount of interest expense increases each period as the bonds move towards maturity.
D) none of the above occur.