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Do buffalo have elbows? I just wanted to make sure I could check my watch during the test.
  • 1.

    Which of the following pay no interest?

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    We'll give you the first and last question on this exam. So you know we actually did the whole thing.

    $65.65

  • 5.

    If a 3-year Treasury note is yielding 2.8%, and a comparable 3-year corporate bond is said to be yielding “T + 250 bps,” what is the yield of the corporate bond?


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