(Solution) - State whether each of the following statements is true or -(2025 Original AI-Free Solution)
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State whether each of the following statements is true or false.
_____1. Convertible bonds are also known as callable 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.