Under the Effective- Interest Method of Amortizing Bond Premium, the Interest

Under the effective- interest method of amortizing bond premium, the interest expense recorded for each semiannual interest payment:

A) is at the same percentage of the bond's carrying value for every interest payment.
B) will equal the amount of cash paid for each semiannual interest payment.
C) is equal to the carrying value of the bond times the contract rate of interest for each semiannual interest period.
D) will increase over the life of the bond.