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Stonehenge, Inc. issued bonds with a maturity amount of $ 5 , 0 0 0 , 0 0 0 and a maturity eight years from

Stonehenge, Inc. issued bonds with a maturity amount of $5,000,000 and a maturity eight years from date of
issue. If the bonds were issued at 98.90, this indicates that
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the interest expense recognized will be more than the bond interest payment.
B
any bond issuance premium or discount should be amortized using only the effective interest rate
method.
the nominal interest rate is greater than the market rate.
the issuance proceed is greater than face value.
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