Question: State whether each of the following statements is true or false. _______ 1. Mortgage bonds and sinking fund bonds are both examples of debenture bonds.
State whether each of the following statements is true or false.
_______ 1. Mortgage bonds and sinking fund bonds are both examples of debenture bonds.
_______ 2. Convertible bonds are also known as callable bonds.
_______ 3. The market rate is the rate investors demand for loaning funds.
_______ 4. Annual interest on bonds is equal to the face value times the stated rate.
_______ 5. The present value of a bond is the value at which it should sell in the market.
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