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1. Retained earnings represent a 100% liquid asset of the company. True or false? 2. The yield on a companys debt depends on the market's

1. Retained earnings represent a 100% liquid asset of the company.

True or false?

2. The yield on a companys debt depends on the market's perceived level of risk as well as the actual level of risk associated with an individual security.

True or false?

3. Bonds promise both a periodic return (interest or coupon payments) and a lump-sum payment at maturity.

True or false

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