Need help reviewing for upcoming quiz. past two test were t/f and i got 40% !! The last few I can answer pertaining to those in the book

1. Bonds sold above face value are recorded at a premium. A) True B) False 2. Bonds pay investors a fixed rate of return. A) True B) False 3. The present value of a bond will be above par value when stated rates of interest are less than effective rates. A) True B) False 4. Interest paid to bond holders remains the same regardless of whether bonds sell at a discount or premium. A) True B) False 5. Bonds sell below face value when stated rates of interest are lower than market rates of interest. A) True B) False 6. Principal is returned to bond holders at maturity. A) True B) False 7. Bonds sell at a premium when market rates of interest exceed stated rates. A) True B) False 8. Bonds sell at face value when stated and market rates of interest are the same. A) True B) False 9. The price of a bond is equal to the sum of the present value of its principal and interest payments. A) True B) False 10. Premiums increase the cost of borrowed funds. A) True B) False 11. Zero coupon bonds pay interest to investors semiannually. A) True B) False 12. Zero coupon bonds always sell at at a discount. A) True B) False 13. Straight-line amortization allocates discounts or premiums equally over a bond's maturity period. A) True B) False 14. International Financial Reporting Standards, IFRS, and US GAAP account for bond issue costs differently. A) True B) False 15. When bonds sold at a premium are amortized, their carrying value increases. A) True B) False 16. Convertible bonds can be exchanged for shares of stock. A) True B) False 17. When convertible bonds are sold, US GAAP requires that a portion of the price be accounted for as equity. A) True B) False 18. The price of a covertible bond trading at 103 would be $1,300. A) True B) False 19. When bonds are sold a liability account must always be credited. A) True B) False 20. Bonds with detachable warrants can't sell at a discount. A) True B) False 21. Bonds with detachable warrants give investors the option to buy shares of stock. A) True B) False 22. Like convertible bonds, when bonds with detachable warrants are sold, no equity is recorded. A) True B) False 23. Call features protect bond holders from falling interest rates. A) True B) False 24. When bonds are retired for less than their carrying value a gain is recognized. A) True B) False 25. When bonds sold at a discount are amortized, their carrying value increases. A) True B) False 26. When the present value of a bond is below par, market rates of interest are lower than stated rates. A) True B) False 27. Bond prices are caluclated using market rates to discount interest and principal. A) True B) False 28. Bond interest payments are calculated using stated rates of interest. A) True B) False