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Which of the following statements regarding bonds and their terms is FALSE? B. The yield to maturity of a bond is the discount rate that
Which of the following statements regarding bonds and their terms is FALSE? B. The yield to maturity of a bond is the discount rate that sets the future value (FV) of the promised bond payments equal to the current market price of the bond. C. Financial professionals also use the term spot interest rates to refer to the default - free zero - coupon yields. D. When we calculate a bond's yield to maturity by solving the formula, Price of an \\( n \\) - period bond \\( =\\frac{\\text { Coupon }}{(1+)^{1}}+\\frac{\\text { Coupon }}{(1+)^{2}}+\\ldots+\\frac{\\text { Coupon }+ \\text { Face }}{(1+)^{n}} \\), the yield we compute will be a rate per coupon interval
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