Question $10$

$3$ pts

Which of the follwoing statment is true?

Revenue bonds are backed by the full revenue of the municipality.

In a Treasury bond quote with a $$1,000$ face value, you find the bid is equal to $100-24$ and the ask is equal to $100-26.$ You could buy this bond for $$1,008\mathrm{.}125.$

With TIPS, the security$\text{'}$s coupon rate is changed every six months by the inflation rate as measured by the CPI.

An unsecured bond that has no specific collateral other than the general creditworthiness of the issuing firm is called an indenture.