Question 34 (1 point)

All else the same, short-term bonds are more volatile than long-term bonds.

Question 34 options:

a)

True

b)

False

Question 35 (1 point)

Common stock has potentially higher capital gains than preferred stock.

Question 35 options:

a)

True

b)

False

Question 36 (1 point)

The issuing firm can be forced into bankruptcy by the preferred stockholders if the firm does not make the expected dividend payments.

Question 36 options:

	a) True
	b) False

Question 37 (1 point)

The bond sells at a premium if the coupon rate is less than the YTM.

Question 37 options:

a)

True

b)

False

Question 40 (1 point)

A closed-end fund trades like common stock on an exchange, a mutual fund does not trade on an exchange.

Question 40 options:

	a) True
	b) False