A bond that matures in 5 years has less interest rate risk than a bond that matures in 25 years because regardless of changes in interest rates, the bond can be redeemed for face value 20 years earlier.

t/f

Even though many U.S. companies, including General Electric, IBM, Walt Disney, and American Express, have successfully restructured their operations to expand internationally, not many foreign firms have made their mark in the United States. T/F