证券和组合课后习题：tb18.docx

CHAPTER 18 BOND FUNDAMENTALS TRUE/FALSE QUESTIONS (t) 1 Public bonds differ from other debt because they are sold to the public rather than to a single investor. (t) 2 A nonrefunding provision prohibits a call and premature retirement of an issue from the proceeds of a lower-coupon refunding bond. (t) 3 In the case of a bond, the only contractual factor is the amount of interest payments, since beginning and ending bond prices are determined by market forces. (f) 4 In Germany, the government sector is the largest bond market segment. (f) 5 Wealthy individual investors typically account for 90