Question: Please answer this question hypothetically 4. Yield to Maturity [ LO2] Treasury bid and ask quotes are sometimes given in terms of yields, so there

Please answer this question hypothetically 4. Yield to Maturity [ LO2]

Please answer this question hypothetically

4. Yield to Maturity [ LO2] Treasury bid and ask quotes are sometimes given in terms of yields, so there would be a bid yield and an ask yield. Which do you think would be larger? Explain

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