1A. If bonds are issued at a premium, the carrying value of the bonds will be greater than the face value of the bonds for all interest periods prior to the bond's maturity date. A) True B) False

1B. If bonds are issued at a discount, the issuing corporation will pay an amount greater than the face amount of the bonds on the maturity date. A) True B) False

1C. If the market interest rate is greater than the stated interest rate, the bonds will sell at a discount. A) True B) False