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:

Injunction

A court order requiring an individual or entity to do or cease doing a specific action.

Competing Business

A business that offers the same or similar products or services as another business, thereby competing for the same market share.

Unconscionable

Referring to an agreement or contract that is so unfairly one-sided that it is considered oppressive or shocking to the moral conscience.

Bargaining Power

The relative capacity of parties in a negotiation to influence the terms and outcome of the agreement.