on 27 If the yield to maturity is equal to the coupon rate, then a bond's price will equal its face value Hed dout of Select one: True ag question False 28 If you can re-invest your coupons at the yield-to-maturity rate, then your actual return on a bond will be equal to the yield to maturity (assuming that you hold to maturity), ered and out of Select one True ng question False tor 29 A callable bond gives the bondholder the option of calling for the payment of the face value in exchange for returning the bond to the issuer ked out of Select one True Flag question False 30 A convertible bond gives the holder the option of converting the bond to a longer maturity d out of Select one: O True question False 31 Investment grade bonds have a rating of A or better d out of Select one: True O False question 32 The one-year spot rate is 3% and the market expects next year's 1-year spot rate to be 3% as well. Assume that the maturity preference theory holds. What is the shape of the yield curve? out of Question Select one a upward sloping (normal) O b. downward sloping O c flat