Question: .Which description most accurately summarizes the yield curves shown? a.Lower credit debt has higher borrowing costs and longer maturities always have lower borrowing costs b.Lower
.Which description most accurately summarizes the yield curves shown?
a.Lower credit debt has higher borrowing costs and longer maturities always have lower borrowing costs
b.Lower credit debt has higher borrowing costs and term premium spreads widen with longer maturities
c.Lower credit debt and longer maturities always have higher borrowing costs

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