Question 11 (2.5 points) The following data is used for THREE questions. (3 of 3) Salley Company issues $5,000,000 face value, 6%, 10-year bonds payable on January 1, 2020. Interest is paid semi-annually each June 30 and December 31. The bonds sell at $5,100,000. Salley uses the straight-line method of amortizing bond discount or premium. Which of the following statements is true regarding this bond: O the net carrying value of the bond will decrease over the term of the bond. the interest expense will vary each semi-annual interest period. the bonds were issued at 98. the cash interest payment will vary each semi-annual interest period