1. Premium bond has a :
A. market price equal to the face value.
B. market price that exceeds the face value
C. yield to maturity that exceeds the coupon rate.
D. yield to maturity that is less than the coupon rate
a. A only
b. A & C only
c. C & B only
d. A& D only
e. B & D only
2. Dividends are payments:
A. of cash only B. of either cash or stock C. to bondholders D. to shareholders
a. A&C only
b. A& D only
c. B & C only
d. B& D only
e. A.C,D only