T/f 1. GIC's are issued by the Federal Government of Canada. 2. Once a credit rating is assigned to a new bond, it cannot change during the life of the bond. 3. A collateral bond is a bond that is secured, but not by real property, as a mortgage bond would be. 4. The bond laddering (GIC) strategy will usually result in a better overall rate of return compared to just investing in one GIC. 5. Retractable bonds include an option for the investor to redeem the bond before maturity. 6. Most bonds pay interest to the bond holder every month. 7. Accrued interest paid by a bond purchaser is based on the amount of time that the bond seller held the bond since the last interest payment. 8. The yield curve is used by investment analysts as a lagging indicator. 9. Long-term bonds are more volatile (likely to fluctuate in value) than short term bonds. 10. Once a public company starts to pay its shareholders dividends it must continue to pay shareholders a dividend every 3 months. 11. Bill purchased 50 of TD Bank shares. This is referred to an "odd lot" purchase. 12. Last week Rogers Co. announced a two-for-one stock split of their common shares, effective November 30. Jim owns $2,000 of Rogers common shares. On December 1st, Jim's holdings in Rogers common shares will be worth $4,000