[NeedAttention]
The Treasury yield curve is downward sloping.
A. A 10-year corporate bond must have a higher yield than a 5-year Treasury bond.
B. A 10-year Treasury bond must have a higher yield than a 10-year corporate bond.
C. A 5-year corporate bond must have a higher yield than a 10-year Treasury bond.
D. The corporate yield curve must be flat.
E. Since the Treasury yield curve is downward sloping, the corporate yield curve must also be downward sloping.
Answer: C
You might also like to view...
The detailed plan for the acquisition and replacement of major portions of property, plant, and equipment is known as the
a. capital budget. b. purchases budget. c. commitments budget. d. treasury budget.
Why doesn't italic type stand out well with a sans serif typeface?
a. a sans serif typeface is smaller b. a sans serif italic only slants the italic and doesn't redesign it c. both of the above d. none of the above
The five work organization system levels included in MBIE include all but the following levels:
a. Higher management b. Supervisor c. Organization d. National
Which of the following statements concerning defined benefit and defined contribution pension plans is (are) true?
I. The employer bears the investment risk with a defined contribution plan. II. Defined benefit plans favor workers who enter the plan at older ages. A) I only B) II only C) both I and II D) neither I nor II