第二十二章
51 Municipal bonds are issued by corporations and local governments. ( )
答案:错
The face value of a bond does not always correspond to the actual money raised because of underwriting fees and the possibility that the bond might not actually sell for its face value when it is offered for sale initially. ( )Corporate bonds are securities issued by corporations. They account for a significant amount of invested capital. ( )A cash discount allows a reduction in price if the payment is made within a specified time period. ( )In providing loans and other services, a bank may require that business customers either pay a fee for the service or maintain the minimum average account balance. ( )

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