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Which of the following statements are false? 1. All else being equal convertible bonds are priced at a higher YTM than ordinary bonds. 2. Nominal

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Which of the following statements are false? 1. All else being equal convertible bonds are priced at a higher YTM than ordinary bonds. 2. Nominal interest rates are generally higher than real interest rates. 3. All else being equal, higher coupon bonds have more interest rate risk. 4. Bonds sold at a discount always offer higher returns than bonds sold at a premium. Statement one (1) is false. Statement two (2) is false. Statement three (3) is false. Statement four (4) is false

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