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The yield curve in 2009 was very low, with short-term rates close to zero and long-term rates below 5 percent. What factors contributed to such
The yield curve in 2009 was very low, with short-term rates close to zero and long-term rates below 5 percent. What factors contributed to such low interest rates?
Please refer to table below for the following question.
Jones Company
Financial Information
December 2009 | December 2010 | |
Net Income | $2,000 | $4,000 |
Accounts receivable | 750 | 950 |
Accumulated depreciation | 1,000 | 1,500 |
Common stock | 4,500 | 5000 |
Paid-in capital | 7,500 | 8500 |
Retained earnings | 1,500 | 3,500 |
Accounts payable | 750 | 750 |
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