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Which of the following statements is FALSE? A. Treasury bills are zero-coupon bonds. B.The yield to maturity is typically stated as an annual rate by

Which of the following statements is FALSE?

A. Treasury bills are zero-coupon bonds.

B.The yield to maturity is typically stated as an annual rate by multiplying the calculated YTM by the number of coupon payment per year, thereby converting it to an APR.

C. Bond traders typically quote bond prices rather than bond yields.

D. Zero-coupon bonds always trade at a discount.

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