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true/false 11)It is fair to ay that the market sets a bond's yield-to-maturity 12) If a bond's coupon rate < its yield -to-maturity, the bond's

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11)It is fair to ay that the market sets a bond's yield-to-maturity

12) If a bond's coupon rate < its yield -to-maturity, the bond's price > its par value

13) The highest credit rating for Standard and poor is "Aaa"

14) Bond downgrades are less common than bond upgrades.

15) Bonds were originally issued as "registered bonds"

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