Which of the following statements is false?
A) The Treasury bond information published under the column heading "Yield" is based on the ask price of the bond.
B) The Treasury bond information published under the column heading "Yield" is based on the assumption that the bond is held to maturity.
C) The Treasury bond information published under the column heading "Bid" indicates the price a buyer will pay if he buys the bond.
D) The Treasury bond information published under the column heading "Bid" is the price a buyer will receive if she sells the bond.
C
You might also like to view...
Profits earned by foreign firms or governments under a quota are called:
A. trade rents. B. trade costs. C. quota revenue. D. quota rents.
Disposable income refers to
A. The corporate tax paid from income. B. Personal income before personal taxes. C. Personal income after personal taxes. D. None of the choices are correct.
When blacks are murdered, it is typically at the hands of
A. other blacks. B. whites. C. an equal division of blacks and whites. D. the races in rough proportion to their population.
In developed countries, the enforcement of contracts and the adjudication of contract disputes through the court system:
A. reduces the volume of international trade. B. is an important way to reduce transaction costs. C. lowers the comparative advantage enjoyed by producers. D. weakens the system of property rights.