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Which of the following statements regarding bonds and their terms is FALSE? Select one a Zero-coupon bonds are always traded at a discount. b. Compared
Which of the following statements regarding bonds and their terms is FALSE? Select one a Zero-coupon bonds are always traded at a discount. b. Compared to yield to maturity, coupon rates are a better measure of investors' returns because they measure the interest that bond investors are getting The yield to maturity of a bond is the discount rate that sets the present value (PV) of the promised bond payments equal to the current market price of the bond. d. Bond prices drop when credit risk goes up
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