Question: True or false 1 . Bonds issued on the basis of the general credit of the corporation are called secure bonds _ _ _ _

True or false1.Bonds issued on the basis of the general credit of the corporation are called secure bonds__________2.When the total amount of a bond issue matures at a certain date, the bonds are called serial bonds_________3.When the total amount of a bond issue matures at a certain date, the bonds are called term bonds________4.Bondholder claims for interest and repayment rank behind the claims of stockholders___________5.When corporation issues bonds, it executes a contract with the bondholder know as a bond indenture_________6.When corporation issues bonds, it executes a contract with the bondholder know as a bond debenture_________7.The concept of present value is that the amount of cash to be received at some date in the future is the equivalent of the same amount of cash held at an earlier date___________8.The concept of present value is that the amount of cash to be received at some date in the future is not equivalent of the same amount of cash held at an earlier date___________9.If the market rate of interest is 11% and a corporations bond bear interest at 10%, the bonds will sell at a discount_________

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