Question 4 (2.5 points)

In bankruptcy, bond holders get paid before equity holders.

Question 4 options:

	True
	False

Question 5 (2.5 points)

The nominal rate equals the real rate plus the inflation rate.

Question 5 options:

	True
	False

Question 6 (2.5 points)

The value of a bond goes down if the prevailing market rate goes up.

True

False