True or false for:

1)

All else constant, due to their longer maturity, T-notes and T-bonds tend to have higher interest rate risks than money market securities.

2)

For TIPS (Treasury Inflation Protected Securities), the coupon rate stays fixed but the coupon payments are adjusted with inflation.

3)

For a Treasury Inflation Protected Security (TIPS), the principal (i.e., face value) is adjusted with inflation once when the TIPS matures.

4)

Quoted rates of corporate bonds and quoted rates of municipal bonds are directly comparable.

5)

The U.S. annual federal government deficit has stayed positive for most years over the past 20 years.