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Which one of the following statements is correct? Multiple Choice The yield curve is based on Treasury bill yields. The yield curve relates time to
Which one of the following statements is correct? Multiple Choice The yield curve is based on Treasury bill yields. The yield curve relates time to maturity to interest rates on zero coupon bonds. The term structure of interest rates is based on default-free, pure discount securities. The yield curve ignores default risk while the term structure includes a defoult risk premium. The term structure of interest rates is based on default-free, coupon bonds
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