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More Recently Market Participants Have Come to Realize That the Traditionally

Question 37

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More recently market participants have come to realize that the traditionally constructed Treasury yield curve is ________ measure of the relation between required yield and maturity with the key reason is that securities with the same maturity may actually provide ________.


A) an unsatisfactory; different yields
B) an unsatisfactory; very similar yields
C) a satisfactory; different yields
D) a satisfactory; very similar yields

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