Question: F The following graph shows two Yield Spread curves for AAA-rated and BAArated U.S. Corporate Bonds for the period 2003-2023. The yield spread is calculated

F The following graph shows two Yield Spread curves for AAA-rated and BAArated U.S. Corporate Bonds for the period 2003-2023. The yield spread is calculated as the average yield of all corporate bonds in a particular category (AAA or BAA) minus the 10-year U.S. Treasury Note yield. From the graph, it must be true that he yield spread for BAA rated U.S. Corporate Bonds is always higher than the yield spread for the AAA rated U.S. Corporate Bonds, because BAA rated bonds have lower credit rating and higher risk reflected in their rates. F A bond is issued with the following data: $10 million face value 10% coupon rate 8% market rate 3 -year bond with semiannual payments The present value of this bond is $10,500,213
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