Three different bond issuances are listed here with interest payments made semiannually:
a. Compute the proceeds of each bond issuance.
b. For each bond issuance, indicate whether the balance sheet value of the bond liability will increase, decrease, or remain 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 over the life of the bond.