Can you answer T/F for the questions circled?

True False 0 . . 0 0 O O . 0 O 9 O 1. A bond's coupon is more likely to change than to remain the same over the bond's life. 2. It is fair to say that most bonds in the U.S. are unsecured. 3. In decimal form, one basis point = 0.0001 4. Both Treasury bonds and Treasury bills pay interest 5. A bond's call price generally exceeds its par value. 6. "Coupon" is normally expressed in dollars. 7. "Extremely low credit" is considered less risky than "extremely speculative". 8. APR and BEY can be used interchangeably. A bond's price and current yield are negatively related. 10. The first zero-coupon bond appeared before 1980. 11. It is fair to say that the market sets a bond's yield-to-maturity. 12. If a bond's coupon rate its yield-to-maturity, the bond's price > its par value. 13. The highest credit rating for Standard and Poor is "Aaa". AAA 14. Bond downgrades are less common than bond upgrades. 15. Bonds were originally issued as "registered bonds". Boarer Bonds 16. If a bond has a 20-year maturity, a coupon rate of 6%, a yield-to-maturity of 5% and a par value of S1000, its price > $1100. 17. If a zero-coupon bond has a 10-year maturity, a 7% yield-to-maturity and a par value of S1000, its price