Answer the following statements true (T) or false (F)
1. Term bonds all mature at the same specified time.
2. If a bond is issued at a discount, the issue price is greater than face value.
3. If a bond is issued at a premium, the issue price is greater than face value.
4. The issue price of a bond—whether it is issued at par, premium, or discount—has an effect on the principal repayment at maturity.
5. After a bond is issued, investors may buy and sell it through the bond market.
1. TRUE
2. FALSE
3. TRUE
4. FALSE
5. TRUE
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