Which statement is false: Multiple Choice As time passes, interest rates on a bond change in the marketplace, however the cashflows from the bond stay the same. Preferred shares have a nominal face value that is usually $100 per share. Sales minus variable costs equals fixed costs plus depreciation can be rearranged to solve for the accounting breakeven level. An investment is acceptable if the required return exceeds the IRR. An unsecured bond with a maturity of 10 years or more is referred to as a debenture