4) Mortgage bonds: A) are a type of debenture. B) are secured by a lien on real property. C) usually pay little or no interest. D) can only be issued by financial institutions. 5) Which of the following investors incurs the least risk? A) Bondholders B) Preferred stockholders C) Common stockholders D) All of the above bear equal risk 6) The par value of a corporate bond indicates the level of interest payments that will be paid to investors. True False 7) MI has a $1,000 par value, 30-year bond outstanding that was issued 20 years ago at an annual coupon rate of 10%, paid semiannually. Market interest rates on similar bonds are 7%. Calculate the bond's price. A) $956.42 B) $1,000.00 C) $1,168.31 D) $1,213.19