Question 1 A yield curve derived from a series of yields-to-maturity on zero-coupon bonds is th Group of answer choices A. A par curve. c B. A spot curve. C. A forward curve. D. None of the above. Question 2 Which of the following statement is FALSE about Yield-to-maturity? YTM is equal to annualized holding period return if: Group of answer choices A. You receive all the scheduled cash flow. B. You hold it to maturity. C. You can reinvest at the same rate. D. You can reinvest at a higher rate than the initial YTM. Question 3 A floating-rate note has par value of $100, matures in 5 years, pays interest semi- annually based on 3-month LIBOR + 50 bps and has a discount margin of 200 bps (2%). Assume that today 3-month LIBOR is 8%. What is the price of the floating-rate note today? Group of answer choices A. 93.11 B. 91.55 C. 94.21 D. None of the above