34 Not yet Po 100 Omega Company issued $100,000 of 8% bonds when the market rate of interest was 4.0%. The proceeds from this bond issue were $104,500. Using the effective interest method of amortization, which of the following statements is true? Assume interest is paid anually. Select one: Os Amortization of the premium for the first interest period will be $1,199. Ob Amortization of the premium for the first interest period will be $4,000 O Interest payments to bondholders each period w be $4.500 Od. Interest payments to bondholders each period will be $4.007