State whether each of the following statements is true or false.
- Mortgage bonds and sinking fund bonds are both examples of secured bonds.
- Unsecured bonds are also known as debenture bonds.
- The stated rate is the rate investors demand for loaning funds.
- The face value is the amount of principal the issuing company must pay at the maturity date.
- The bond issuer must make journal entries to record transfers of its bonds among investors.
