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.

Question

Quizplus · Accepted Answer

Coupon rates are usually expressed as a semi-annual or quarterly rate, not an effective annual rate.

Which of the Following Statements Is False