Which of the following statements describing a par curve is incorrect? A. A par curve is obtained

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Which of the following statements describing a par curve is incorrect?

A. A par curve is obtained from a spot curve.

B. All bonds on a par curve are assumed to have different credit risk.

C. A par curve is a sequence of yields-to-maturity such that each bond is priced at par value.

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Fixed Income Analysis

ISBN: 9781119850540

5th Edition

Authors: Barbara S. Petitt

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Question Posted: Nov 04, 2023 11:10 PM

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Which of the following statements describing a par curve is incorrect? A. A par curve is obtained

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The incorrect statement is B All bonds on a par curve are assumed to have different credit risk All ...View the full answer

Fixed Income Analysis

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