true or false

1. The yield to maturity on a bond is based on the assumption that any payments received are reinvested at the coupon rate False / True 2. The expectations hypothesis provides an explanation for the term structure of interest rates False True 3. The liquidity preference hypothesis indicates that, all other things being equal, the term structure of interest rates will be flat False / True 4. According to the liquidity preference hypothesis, upward sloping yield curve always imply the expectations of higher future interest rates False / True 5. The basic purpose of immunization is to eliminate default risk. False / True