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QUESTION 10 Which of the following statements is TRUE? The net present value (NPV) of an investment in a bond (and holding it until its

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QUESTION 10 Which of the following statements is TRUE? The net present value (NPV) of an investment in a bond (and holding it until its maturity) is given a special name, the yield to maturity (YTM). We can convert any bond price into a yield to maturity, and vice versa. Prior to its maturity date, the price of a zero-coupon bond is always greater than its face value. The yield to maturity of a bond depends on its total face value

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