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Which of the following is not true? The bond's yicld to maturity (1/Y) is the rate in which it is discounted. Bonds that are traded

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Which of the following is not true? The bond's yicld to maturity (1/Y) is the rate in which it is discounted. Bonds that are traded at a lower than face value are sold with discounts. Bonds that are traded at a higher than face value are soid with premium. None of the above (all of the above are correct)

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