which of the following statements is most correct?

A. the proportion of the payment of a fully amortized loan which goes toward interest declines over time

B. an investment which compounds interest semiannually and has a rate of 10% will have an effective rate less than 10%

C. the face value of a bond is its price

D. the present value of a 3 year $100 annuity due is less than the present value of a 3 year $100 orannuity