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Q9-A sinking fund is a provision that requires the corporation to retire a portion of the bond issue each year. Select one: True False Q10-The

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Q9-A sinking fund is a provision that requires the corporation to retire a portion of the bond issue each year. Select one: True False Q10-The distribution of returns, measured over a short interval of time, like daily returns, can be approximated by: Select one: a. Normal distribution. b.Lognormal distribution c.Binomial distribution d.none of the above Q11-The longer the maturity of a bond, the less its price will change in response to a given change in interest rates. Select one: True False

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