Question 1
The yield curve depicts the relationship between a bond's yield to maturity and its
◦ duration.
◦ term to call.
◦ term to maturity.
◦ volatility.
Question 2
When compared to the yield curve for Treasury securities, the yield curve for corporate securities should
◦ slope in the opposite direction.
◦ be similar in shape but higher.
◦ be similar in shape but lower.
◦ be nearly identical.