Which of the Following Statements Is FALSE

question 16

Multiple Choice

Which of the following statements is FALSE?

• A)The yield to maturity for a zero-coupon bond is the return you will earn as an investor from holding the bond to maturity and receiving the promised face value payment.
• B)When prices are quoted in the bond market, they are conventionally quoted in increments of $1 000.
• C)The internal rate of return (IRR)of an investment opportunity is the discount rate at which the net present value (NPV)of the investment opportunity is equal to zero.
• D)Zero-coupon bonds are also called 'pure discount bonds'.

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Definitions:

Tecumseh

A Native American leader of the Shawnee and a major figure in the early 19th century, advocating for the unification of various Native American tribes to resist westward expansion by European settlers.

Tippecanoe

The site of an 1811 battle in the Indiana Territory, where future President William Henry Harrison defeated Native American forces led by Tecumseh's brother, Tenskwatawa.

Customs Collectors

Officials responsible for collecting duties imposed by a government on imported and exported goods.

Democratic-Republican

A political party in the United States that evolved in the 1790s and supported states' rights and agriculture, opposing the Federalist Party.