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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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