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CIU Which of the following is most FALSE? O a. Michael Milken convinced the Securities & Exchange Commission to allow junk bonds to be sold

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CIU Which of the following is most FALSE? O a. Michael Milken convinced the Securities & Exchange Commission to allow junk bonds to be sold on the market. b. How long an investor plans to own a stock does not affect the value of the stock to the investor. O c. The price of a foreign bond will typically increase in a country that has just gone into war d. A long-term Treasury bond has less default risk than a corporate bond because the Treasury bond is backed by the federal government. e. If the current ky for bonds stays constant from now until a particular bond matures, and that bond is currently selling at a premium on the secondary market, that particular bond will have a current yield that is greater than its yield to maturity

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