QUESTION 19 Which of the following is true of bonds issued by corporations but not by the U.S. Treasury? a) They may default b) They pay coupons c) They may be priced at a discount d) Their prices may change QUESTION 20 A cash flow of $1,000 promis I by the U.S. Treasury to be paid in two years is priced at $985 today. What must be the cash flow promised by company ABC to be paid in two years in order to have the same price today? a) less than $985 b) between 5985 & 51,000 0 51.000 d) more than $1.000