Which of the Following Statements Is FALSE

question 92

Multiple Choice

Which of the following statements is FALSE?

• A)Bond traders typically quote bond prices rather than bond yields.
• B)Treasury bills are zero-coupon bonds.
• C)Zero-coupon bonds always trade at a discount.
• D)The yield to maturity is typically stated as an annual rate by multiplying the calculated YTM by the number of coupon payment per year,thereby converting it to an APR.

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Definitions:

Prototypical Core

The central, defining features or attributes of a category or group that make it distinct and recognizable.

Initiation Rites

Often painful or embarrassing public procedure to mark group members’ movements from one role to another.

Sexual Practices

The behaviors and activities that individuals engage in as part of their sexual lives or identities.