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Which of the following statements is false? (there may be more than one answer) 1. a lower bond prices raises a bond's YTM 2. If

Which of the following statements is false? (there may be more than one answer) 1. a lower bond prices raises a bond's YTM 2. If a bond is selling at a discount its current yield is greater than its YTM 3. Your holding period yield will fall if market interest rates rise and you sell your bond 4. Your holding period yield is always greater than or equal to a bond's initial YTM

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