Issuing Company Years to maturity Yield

1. General Motors 10 years 6.3 percent

2. NC Dept of Education 15 years 3.8 percent

3. US Treasury Strip 20 years, 0 coupon 2.3 percent

4. York County B&T 15 years 5.6 percent

5. US Treasury 10 years 3.4 percent

6. US Treasury 20 years, 3.5 coupon 2.6 percent

7. Apple 15 years 4.1 percent

Briefly explain why these bonds have different interest rates

Do not use the same answer twice.

1. Bond 1 and Bond 2?

2. Bond 2 and Bond 6?

3. Bond 5 and Bond 6?

4. Bond 3 and Bond 7?

5. Bond 4 and Bond 7?