Two different bond issuances are listed here with interest payments made semiannually:

Bond Issuance	Face Value	State Interest Rate	Effective Interest Rate	Life
A	$100,000	6%	8%	10 years
B	$100,000	9%	6%	10 years

A. Compute the proceeds of each bond issuance. (Remember that interest rates provided are annual rates.)

B. For each bond issuance, indicate whether the balance sheet value of the bond liability will increase, decrease, or remain the same constant over the life of the bond.

C. For each bond issuance, indicate whether the interest expense recognized each period will increase, decrease, or remain constant of the life of the bond.