9. When acquiring funds through the sale of a bond, the business incurs a legal obligation to pay regular interest payments. A) True .B) False 10. The similarities between common stocks and bonds include a face or par value and a fixed rate of return for investors. A) True B) False 11. As a firm increases in size and stock value, its stock must be delisted with regional exchanges and listed with the New York Stock Exchange. A) True B) False 12. Young investors place more importance on low risk investments, while elderly investors prefer significant growth in the value of their investments A) True B) False 13. When choosing between investment options, Kathleen should consider both the liquidity and risk of the investment. A). True B) False 14. If an investor owns a bond that pays a higher rate of interest than other bonds of similar risk, the investor may try to sell that bond for less than the face value. A) True B) False 15. Lamont bought a share of stock in the ABC Corporation for $50. When he sold the stock later that year, he received $70. The par value of the stock is $5. Lamont's capital gain is $25. A) True B) False 16. Mutual funds often fail to provide diversification for investors. A) True B) False