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Old 09-08-2010, 01:22 PM
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Default TRUE OR FALSE? Mortgage bonds and sinking

fund bonds are both examples of debenture bonds? If false, please explain why so I know!!1. Mortgage bonds and sinking fund bonds are both examples of debenture bonds.2. The market rate is the rate investors demand for loaning funds.3. Semiannual interest on bonds is equal to the face value times the stated rate times 6/12.4. The present value of a bond is the value at which it should sell in the market.Thanks! Best answer gets 10 points!!
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Old 09-08-2010, 02:57 PM
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1) False- mortgage bonds & sinking fund bonds are examples of bonds that have specified collateral. Debenture bonds do NOT have collateral. 2) True 3) True 4) True
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