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The table below shows market prices for four zero coupon bonds with four different terms one, two, three, und four years. The bonde all have

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The table below shows market prices for four zero coupon bonds with four different terms one, two, three, und four years. The bonde all have a face value of $1,000 The yield cuina derived from the bond prices in the table is best described as which of the following? Term (years) Price (5) 1 970.8738 2 933.5107 3 888 9964 4 $22.7025 Odownward sloping with a 25 spread between short and long-term yields Ob downward sloping with a 16 spread between short and long-term yields Ocupward sloping with a 1% spread between short and long-term yielde Od flat O upward sloping with a 24 spread between short and long-term yields

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