NAME: 1. Companies usually make bond interest payments semiannually, although the interest rate is generally expressed as an annual rate. True 2. A mortgage bond is referred to as a debenture bond. True 3. Bond issues that mature in installments are called serial bonds. True True 6. The stated rate is the same as the coupon rate. 4. If the market rate is greater than the coupon rate, bonds will be sold at a premium. True Student ID# 5. The interest rate written in the terms of the bond indenture is called the effective yield or market rate. of the band ind True 28 False True 2010 8. A bond may only be issued on an interest payment date. True False True False False nod a mun 7. Amortization of a premium increases bond interest expense, while amortization of a discount decreases bond interest expense, True False True False mun False 9. The cash paid for interest will always be greater than interest expense when using effective interest amortization for a bond. False False 10. Companies report bond discounts as