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11) Coupon payment of a bond doesn't change throughout the bond life. a True b. False 12) Corporate bond is a short-term promissory note issued
11) Coupon payment of a bond doesn't change throughout the bond life. a True b. False 12) Corporate bond is a short-term promissory note issued by a firm. a. True b. False 13) Convertible bonds are debt securities that can be converted into a firm's stock at a prespecified price. a. True b. False 14) If the quoted price of a corporate bond is "105", that means the bond price is a $105 b. S1050 c. $1105 d. $995
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