6. What do we know about the relationship between the market rate of interest and the stated interest rate for a particular bond when the bond is sold at a. par? b. a premium? c. a discount? 7. Will interest expense be more than, less than, or equal to the interest payment made on bonds when the bonds are sold at a. par? b. a premium? c. a discount? 8. What happens to the difference between the carrying amount of bonds and the principal amount of bonds over time? 9. What are the differences between an operating lease and a capital lease? 10. What are some ways that companies might use improper recording of liabilities to manipulate financial statements