Which of the following is FALSE regarding bonds? Bondholders have legal recourse if a company fails to make the promised interest payments or the par value at maturity. Corporate bonds usually have a fixed coupon rate with semi-annual interest payments. A bond indenture includes all of the basic terms of a bond issue. Bond holders vote to elect members to the board of directors. The yield to maturity is the return an investor would earn if she buys the bond at the current price and holds it to maturity, collecting all of the promised coupon payments and the par value at maturity