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Indicate whether the statement is true or false. 2. Callable bonds may be retired by the issuer before their specified due date. a. True b.

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Indicate whether the statement is true or false. 2. Callable bonds may be retired by the issuer before their specified due date. a. True b. False 3. The most obvious risk to bond investors is that a company will fail and be unable to pay its a. True b. False 4. The face rate is also called the nominal or stated rate. a. True b. False 5. Debenture bonds are backed by specific collateral of the issuing company a. True b. False

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