Multiple Choice
Which of the following securities has the highest yield to maturity?
A) An on-the-run Treasury bond with ten years to maturity
B) An on-the-run Treasury bond with twenty years to maturity
C) An offtherun Treasury bond with twentyfour years to maturity
D) An off-the-run Treasury bond with twelve years to maturity
Correct Answer:
Verified
Correct Answer:
Verified
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