Which of the Following Statements Is FALSE

question 68

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 internal rate of return (IRR)of an investment in a bond is given a special name,the yield to maturity (YTM).

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Definitions:

Relatively Refractory Period

A phase following the absolute refractory period during which a neuron requires a stronger than normal stimulus to fire an action potential.

Absolutely Refractory Period

A phase following action potential in neurons during which no new action potential can be initiated, regardless of the strength of the incoming signal.

Tetraethylammonium (TEA)

Tetraethylammonium (TEA) is a chemical compound known to block potassium channels in cells, used in research to understand ion channel functions and in studying neural and muscular activity.

Potassium Channels

Protein-based pathways located in cell membranes that allow potassium ions to flow in and out of cells, playing a critical role in maintaining the cell's electrical charge and signaling.