Tech company issues preferred stock that pays a dividend of $8.90, and the rate of return required by the market is 12.55%. The current price of a share of this preferred stock is $1.12.

Group of answer choices

True

False

Debt issued by a city, county or state governments is known as a municipal bond.

Group of answer choices

True

False

In general, if interest rates rise, then bond prices will fall.

Group of answer choices

True

False