QUESTION 1 You have invested in a bond where the coupon is 5.5% and the YTM is 5%. Therefore, you expect the present value of the bond to be less than the face value of the bond (a discount bond) True False QUESTION 2 A bond is currently selling for $1200, with a coupon of 4,5% semi-annual. If two months are remaining to the next semiannual coupon payment then the accrued interest amount is $15 (approx.) True False QUESTION 3 Due to your parents anniversary you couldn't attend the shareholder's meeting for Phoenix Inc. So, you authorized your brother who also holds shares of the company to vote on your behalf. This is an example of proxy voting True False QUESTION 4 When a security is underpriced, it means that it has a high return to risk ratio. Therefore, the investors should buy the security True False