QUESTION $5$

A bond selling at a premium has a yield to maturity that is less than the coupon yield.

True

False

QUESTION $6$

A bondholder can force the company to repay a bond early if it has

a put provision

a call provision

a convertible feature

a variable rate

QUESTION $7$

A conversion feature in a bond indenture

reduces the likelihood of default on the bond

increases the coupon rate if the going market interest rates change

allows bondholders to exchange the bond for shares of the firm's stock

none of these