52. Companies usually make bond interest payments semiannually, although the interest rate is generally expressed as an annual rate. *

True

False

53. Bond issues that mature in installments are called serial bonds. *

True

False

54. If the market rate is greater than the coupon rate, bonds will be sold at a premium. *

True

False

55. Amortization of a premium increases bond interest expense, while amortization of a discount decreases bond interest expense. *

True

False