Go to the Federal Reserve Board's website and get the latest rates on 10-year T-bond and Aaa- and Baa-rated corporate bonds using the following steps. Go to www.federalreserve.gov. Click on "Data." Click on "Selected Interest Rates: -H.15." Click on the most recent date. This will bring the file onto your computer that contains the relevant data.

Questions

1. Calculate the percentage change in the 10-year T-bond and Aaa- and Baa-rated corporate bonds since June 2016.

2. Calculate the current spread of Aaa- and Baa-rated corporate bonds over the 10-year T-bond rate. How have these spreads changed over the last two years