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One can best describe the term structure of interest rates as the relationship between: A. spot interest rates and stock prices. B. spot interest rates
One can best describe the term structure of interest rates as the relationship between:
A. | spot interest rates and stock prices.
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B. | spot interest rates and bond prices.
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C. | yields of coupon bonds and their maturity. | |
D. | spot interest rates and time. |
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