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The following table shows the prices of a sample of Treasury bonds, all of which have coupon rates of zero. Each bond makes a single
The following table shows the prices of a sample of Treasury bonds, all of which have coupon rates of zero. Each bond makes a single payment at maturity.Years to MaturityPrice of face valueWhat is the year interest rate?Note: Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places.What is the year interest rate?Note: Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places.What is the year interest rate?Note: Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places.What is the year interest rate?Note: Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places.Is the yield curve upwardsloping, downwardsloping, or flat?Is this the usual shape of the yield curve?
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