Match the following terms to the most appropriate answer:

the allocation of a premium or discount over the life of a bond

the value reported on the income statement

the return required by the market on the day of issuance

if the contract rate exceeds the effective rate

the rate printed on the bond certificate

if the contract rate is less than the effective rate

face value times contract rate

A.contract rate

B.effective rate

C. bond discount

D.bond premium

E.interest expense

F.interest payment

G.amortization