LO $14\mathrm{.}4$ When the interest payment dates of a bond are May $1$ and November $1$ and a bond issue is sold on June $1,$ the amount of cash received by the issuer will be:

a$.$ increased by accrued interest from June $1$ to November $1$

b$.$ increased by accrued interest from May $1$ to June $1$

c$.$ decreased by accrued interest from June $1$ to November $1$

d$.$ decreased by accrued interest from May $1$ to June $1$