If an issuer sells bonds at a premium:

Multiple Choice

The carrying value of the bond stays constant over time.

The carrying value increases from the par value to the issue price over the bonds term.

The carrying value decreases from the par value to the issue price over the bonds term.

The carrying value increases from the issue price to the par value over the bonds term.

The carrying value decreases from the issue price to the par value over the bonds term.