Which of the following statements is FALSE?
A) Zero-coupon bonds are also called pure discount bonds.
B) The IRR of an investment opportunity is the discount rate at which the NPV of the investment opportunity is equal to zero.
C) 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.
D) When prices are quoted in the bond market, they are conventionally quoted in increments of $1000.
D
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An agent has a listing on a residential property with an expiration date June 16th. On May 2nd, the seller accepts an offer from a buyer. On June 4th the title is conveyed at closing with a stipulation that the buyer will not take possession of property until June 11th. When is listing terminated?
A. May 2nd. B. June 4th. C. June 11th. D. June 16th.
When, where, and why did the Debt Crisis start?
What will be an ideal response?