Which of the Following Statements Is False

question 59

Multiple Choice

Which of the following statements is false?

• A) Most Canadian bonds are securities sold by governments and corporations to raise money from investors today in exchange for promised future payments.
• B) By convention the coupon rate is expressed as an effective annual rate.
• C) Bonds typically make two types of payments to their holders.
• D) The time remaining until the repayment date is known as the term of the bond.