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Which of the following statements is FALSE? Question 6 options: CPN is the coupon rate times the par value. The bond's current required return is
Which of the following statements is FALSE?
Question options:
CPN is the coupon rate times the par value.
The bond's current required return is r which is an APR or nominal rate for a year.
The current yield equals the annual coupon payment divided by the closing dollar price.
The CPN is the APR that equates the bond's market price to the present value of its promised future cash flows.
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