Which THREE of the following statements are correct in respect of the issuance of debt...

A bond issuer must appoint at least one market-maker to ensure that there is a liquid market in its traded bonds.

The redemption yield on a corporate bond can be determined by calculating the internal rate of return based on the cash flows arising during the duration of the bond.

Investors in traded bonds have an ownership (or equity stake) in the company which issued the bonds.

A corporate entity coming to the bond market for the first time will find it easier to issue corporate bonds than to arrange a conventional term loan.

Governments are the most frequent issuers of bonds and the proceeds are used to fund government expenditure or service the national debt.