Question: Statement 1: Companies usually make bond interest payments semiannually, although the interest rate is generally expressed as an annual rate. Statement 2: Bond issues that

Statement 1: Companies usually make bond interest payments semiannually, although the interest rate is generally expressed as an annual rate. Statement 2: Bond issues that mature in installments are called serial bonds. Select one: a. Statement 1 is False: Statement 2 is True b. Statement 1 is True: Statement 2 is False c. Both statements are False d. Both statements are True

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