Nick Bosch has prepared the following list of statements about bonds, Identify each statement as true or false. Bonds are a form of interest-bearing notes payable, 2 Secured bonds have specific assets of the issuer pledged as collateral for the bonds, 3. Secured bonds are also known as debenture bonds. 4 A conversion feature may be added to bonds to make them more attractive to bond buyers 5 The rate used to determine the amount of cash interest the borrower pays is called the stated rato. 6. Bond prices are usually quoted as a percentage of the face value of the bond. 7 The present value of a bond is the value at which it should sell in the marketplace