Which of the following statements is true?
A)All local newspapers contain information on bond prices.
B)In bond quotations, prices are given as a percentage of the bond's face value.
C)The face value for most corporate bonds is $5,000.
D)To find the market price of a corporate bond, you must contact the corporation that originally issued the bond.
E)To find the market price of a corporate bond, you must call a stockbroker.

Question

Quizplus · Accepted Answer

Bond quotations typically express the price as a percentage of the bond's face value. A) is false because not all local newspapers include bond prices. C) is partly true for some corporate bonds, but face values can vary widely. D) and E) are both false as market prices can be found through various sources, including financial websites or bond brokers.

Which of the Following Statements Is True