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2. Comparing yields among securities a. What is the difference between the yield on corporate high-quality bonds and the yield on Treasury bonds as of

2. Comparing yields among securities

a. What is the difference between the yield on corporate high-quality bonds and the yield on Treasury bonds as of November 2023?

b. Why does this premium exist?

c. What is the difference between the yield on long-term Treasury bonds and the yield on long-term municipal bonds as of November 2023?

d. Explain why this difference exists.

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