Identify the following general statements concerning bonds in #7-12 as True or False: 7. Bonds provide tax benefits to issuers of bonds. 8. Callable bonds are usually called within the first year or two after issuance. 9. Bonds issued by the U.S. government are considered to be free of default risk. 10. Municipal bonds generally pay more annual interest than corporate bonds 11. A zero-coupon bond has more interest rate risk than a comparable coupon bond. 12. A U.S. Treasury bond that is quoted at 100:11 is selling for l 00. 1 1 % of face value