Consider the following table of annual mortgage rates and yields on 10-year Treasury securities. a. What was

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Consider the following table of annual mortgage rates and yields on 10-year Treasury securities.

a. What was the average annual spread on mortgage rates relative to the 10-year Treasury securities over the 1990-2005 period?

b. What was the correlation between annual mortgage rates and Treasury yields over the 1990-2005 period?

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