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Which of the following statements regarding bond valuation is FALSE? If a bond is selling for less than face value, the YTM must have increased.

Which of the following statements regarding bond valuation is FALSE?

If a bond is selling for less than face value, the YTM must have increased.

A bond selling for exactly $1,000 is said to be selling at par.

If a bonds CR < YTM, then the bond is going to be selling for more than face value.

There is an inverse relationship between bond prices and yields.

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