Which of the Following Statements Is False

question 64

Multiple Choice

Which of the following statements is false?

• A) 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.
• B) Unlike the case of bonds that pay coupons, for zero-coupon bonds there is no simple formula to solve for the yield to maturity directly.
• C) Because we can convert any bond price into a yield, and vice versa, bond prices and yields are often used interchangeably.
• D) The IRR of an investment in a bond is given a special name, the yield to maturity (YTM).

---

Definitions:

Psychotic Patients

Individuals diagnosed with a mental disorder characterized by a disconnection from reality, experiencing delusions, hallucinations, or disordered thinking.

Professional Practice

The conduct and work performed by a professional in their specific field, adhering to established standards and ethics.

Intuitive Sense

An inherent ability to understand or know something without conscious reasoning.

Heavy Makeup

The application of cosmetics in a manner that is visibly thicker or more intense than is typically worn for a natural look.