1. Analysis of Table 16-2 shows that bonds will sell for prices higher than face value if market rates of interest are higher than nominal yields.

   True False

2. Analysis of Table 16-2 shows that bonds can not sell for less than their par value.

   True

   False

3. Analysis of Table 16-2 shows that bonds will sell at par when market rates of interest an coupon rates are the same.

   True

   False

4. Analysis of Figure 16-3 on page 513 show that long-tern yields on AAA rated bonds are higher than the long-term yields on BBB rated conds.

   True

   False