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  3. 2. the yield to maturity of a 20-year u.s. treasur

2. The yield to maturity of a 20-year U.S. Treasury bond is 6% and that...

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Accounting

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2. The yield to maturity of a 20-year U.S. Treasury bond is 6% and that of a 15-year U.S. municipal bond is 5%. What factors may explain the spread of the two interest rates

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