Which of the Following Statements Is FALSE

question 14

Multiple Choice

Which of the following statements is FALSE?

• A)The amount of each coupon payment is determined by the coupon rate of the bond.
• B)The simplest type of bond is a zero-coupon bond.
• C)Treasury bonds are Australian government bonds with a maturity greater than one year.
• D)Prior to its maturity date, the price of a zero-coupon bond is always greater than its face value.

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Definitions:

Dissatisfaction

A feeling of unhappiness or discontentment arising from unmet expectations or experiences.