A loan is amortized as though for 25 years, but is due sooner and paid off in a balloon payment. This is known as a(n):

(I) Most corporate bonds have a face value of $1,000, pay interest semiannually, and can be redeemed anytime the issuer wishes. (II) Registered bonds have now been largely replaced by bearer bonds, which do not have coupons

A) (I) is true, (II) false. B) (I) is false, (II) true. C) Both are true. D) Both are false.

A rising inflation rate increases the purchasing power of money

Indicate whether the statement is true or false