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0 O O O O 0 0 0 a O 11. It is fair to say that the market sets a bond's yield-to-maturity. 12. If

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0 O O O O 0 0 0 a O 11. It is fair to say that the market sets a bond's yield-to-maturity. 12. If a bond's coupon rate its par value. 13. The highest credit rating for Standard and Poor is Aaa. 14. Bond downgrades are less common than bond upgrades. 15. Bonds were originally issued as registered bonds. 16. If a bond has a 20-year maturity, a coupon rate of 6%, a yield-to-maturity of 5% and a par value of $1000, its price > $1100. 17. If a zero-coupon bond has a 10-year maturity, a 7% yield-to-maturity and a par value of $1000, its price

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