Buying a bond is a contractual agreement. The issuer of the bond does not have a choice about making payments. True False QUESTION 6 There are no risks to investing in bonds. True False QUESTION 7 If the issuing entity goes bankrupt and defaults on the bond, the bond buyer could lose not only the interest payments but also the principal amount invested. True False QUESTION 8 Bonds have the same amount of risk as a savings account in a bank. True False QUESTIONS Since bonds have more risk, they generally pay a higher interest rate than a savings account in a bank. True False