Serial bonds are issued based on the overall strength of the borrower's credit. True False

Bonds sold as separate components of a single issue may have different maturity dates. True False

If a company chooses to call some of its callable bonds before their maturity, generally it will have to pay an amount that is greater than the carrying value of the bonds. True False

If a bond issuer's bond ratings drop, the company probably will have to pay higher interest rates on bonds that have already been issued. True False