单选题 A 2-year bond is carried on the books at a premium because it was issued at a coupon rate 1/4 percent higher than the market rate. After one year, market rates have gone up by 112 percent.
The bond will now be listed on the books as having:

• A. the same premium it had when originally issued.
• B. a lower premium than when it was originally issued.
• C. par value.