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For the price of a Treasury coupon bond, which of the following are TRUE? Check all that apply: Supply and demand determines the market price
For the price of a Treasury coupon bond, which of the following are TRUE?
Check all that apply:
Supply and demand determines the market price
To find market price, treasury spot rates should be used
To find fair price, YTM should be used
When market price equals fair price, YTM is a complex average of treasury spot rates
Supply and demand determines the fair price
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