The interest income reported for a debt investment at amortized cost initially acquired at a premium is equal to.
a. The stated interest rate multiplied by the carrying amount of the bond investment at the beginning of the year.
b. The stated interest multiplied by the face amount of the bond investment.
c. The effective interest rate multiplied by the face amount of the bond investment.
d. The effective interest rate multiplied by the carrying amount of the bond investment at the beginning of the year.