State whether each of the following statements is true or false.
_______ 1. Mortgage bonds and sinking fund bonds are both examples of secured bonds.
_______ 2. Unsecured bonds are also known as debenture bonds.
_______ 3. The stated rate is the rate investors demand for loaning funds.
_______ 4. The face value is the amount of principal the issuing company must pay at the maturity date.
_______ 5. The bond issuer must make journal entries to record transfers of its bonds among investors.