Explain within 3 sentences whether the following statements are Ture or False.

Q1.Zero coupon bonds are not subject to tax as there is no interest payment periodically.

Q2.All shareholders of a company will have the same voting right per share in the election of the board of directors.

Q3.When an old bond's market value is above its par value, the bond is selling at a premium. This occurs because the old bond's current yield is below the yield to maturity of new bonds with similar risk.

Q4.When an old bond's market value is above its par value, the bond is selling at a premium. This occurs because the old bond's current yield is below the yield to maturity of new bonds with similar risk.