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A secured bond is less risky as it uses a particular asset to back up that particular bond. T/F Default risk is a probability that

A secured bond is less risky as it uses a particular asset to back up that particular bond. T/F

Default risk is a probability that the firm is not going to make its payments on time. T/F

Current Yield + Yield To Maturity = Capital Gain Yield T/F

Bonds provide higher liquidity than loans. T/F

Bond price is positively related to the market interest rate. T/F

Coupon rate varies over a period of time. T/F

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