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.
Correct Answer:
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