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Why should the yield curve not be used to price bonds? A. Spot rates are more easily available than yields across various maturities. B. It
Why should the yield curve not be used to price bonds?
A. Spot rates are more easily available than yields across various maturities.
B. It is not appropriate to use the same interest rate to discount all cash flows.
C. All bonds are not held to maturity.
D. Some bonds have embedded options.
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