11 [6 pts] True or False a Amortization of a bond's premium reduces a bondholder's investment income. b A bond's portfolio yield equals the price-weighted average of the individual bonds' yields. c The most recently issued debt is called an off-the-run security d A loan with lender mortgage insurance has a higher loan rate than a loan without. e For a $10,000 loan, a balloon loan will have a smaller recurring payment than a drop loan. f A bond issued by a corporation issuing in the market will have a higher yield than if issued as a private place since the publically traded bond is more liquid. 11 [6 pts] True or False a Amortization of a bond's premium reduces a bondholder's investment income. b A bond's portfolio yield equals the price-weighted average of the individual bonds' yields. c The most recently issued debt is called an off-the-run security d A loan with lender mortgage insurance has a higher loan rate than a loan without. e For a $10,000 loan, a balloon loan will have a smaller recurring payment than a drop loan. f A bond issued by a corporation issuing in the market will have a higher yield than if issued as a private place since the publically traded bond is more liquid