Question: You have until 8:45 PM to complete this assignment. Part 1 Attempt 1/2 for 10 pts. Which statements is INCORRECT? A bond's yield to maturity

 You have until 8:45 PM to complete this assignment. Part 1

You have until 8:45 PM to complete this assignment. Part 1 Attempt 1/2 for 10 pts. Which statements is INCORRECT? A bond's yield to maturity (YTM) is the return an investor earns if holding the bond until its maturity A coupon bond is called a discount bond when its market price is less than its fair price Treasury bonds (T-bond) have maturities up to 30 years Treasury bills (T-bill) have maturities up to one year

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