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Which of the following statements is FALSE? Question content area bottom Part 1 A . The yield to maturity for a zerominuscoupon bond is the
Which of the following statements is FALSE?
Question content area bottom
Part
A
The yield to maturity for a zerominuscoupon bond is the return you will earn as an investor from holding the bond to maturity and receiving the promised face value payment.
B
Zerominuscoupon bonds are also called pure discount bonds.
C
The IRR of an investment opportunity is the discount rate at which the NPV of the investment opportunity is equal to zero.
D
When prices are quoted in the bond market, they are conventionally quoted in increments of $
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