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8) Which of the following statements is FALSE? Group of answer choices The yield to maturity of a bond is the discount rate that sets

8) Which of the following statements is FALSE? Group of answer choices

The yield to maturity of a bond is the discount rate that sets the face value of the promised bond equal to the current market price of the bond.

The IRR of an investment in a zero-coupon bond is the rate of return that investors will earn on their money if they buy a bond at its current price and hold it to maturity

The APR is not the effective rate that should be used to discount the cash flows

Treasury bills are zero-coupon bonds.

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