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If the yield curve is upward sloping, what is the yield to maturity on a 10-year Treasury relative to that on a 1-year Treasury? The
If the yield curve is upward sloping, what is the yield to maturity on a 10-year Treasury relative to that on a 1-year Treasury?
The yield on the 10-year bond is less than the yield on a 1-year bond.
The yield on a 10-year bond is greater than the yield on a 1-year bond.
The yields on the two bonds are equal.
It is impossible to tell without knowing the relative risks of the two bonds.
None of the answers are correct.
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