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a. What is the difference bemeen the yields on high-yield corporate bonds at the end of the school term 1Irersus the yield on high-quality corporate

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a. What is the difference bemeen the yields on high-yield corporate bonds at the end of the school term 1Irersus the yield on high-quality corporate bonds at the beginning of the school term? Apply the concepts discussed in Chapter 3 to explain why this premium exists. h. Compare the long-term Treasury bond yield at the end of the school term to the long- term Treasury bond yield that existed at the beginning of the school term. Given the direction of this change, did prices of long-term bonds rise or fall over the school term

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