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Which of the following statements regarding bonds and their terms is FALSE? A. Because we can convert any bond price into a yield, and vice

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Which of the following statements regarding bonds and their terms is FALSE? A. Because we can convert any bond price into a yield, and vice versa, bond prices and yields are often used interchangeably. B. The internal rate of return (IRR) of a bond is given a special name, the yield to maturity (YTM). C. One advantage of quoting the yield to maturity rather than the price is that the yield is independent of the face value of the bond. OD. Unlike the case of bonds that pay coupons, for zero-coupon bonds, there is no formula to solve for the yield to maturity

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