=+LG 1 P67 Term structure of interest rates The following yield data for a number of highestquality

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=+LG 1 P6–7 Term structure of interest rates The following yield data for a number of highestquality corporate bonds existed at each of the three points in time noted.

X MyLab Yield Time to maturity (years) 5 years ago 2 years ago Today 1 9.1% 14.6% 9.3%

3 9.2 12.8 9.8 5 9.3 12.2 10.9 10 9.5 10.9 12.6 15 9.4 10.7 12.7 20 9.3 10.5 12.9 30 9.4 10.5 13.5

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Principles Of Managerial Finance

ISBN: 9781292261515

15th Global Edition

Authors: Chad J. Zutter, Scott Smart

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