Question: Find the current yields on municipal bonds given different quality ratings by going to http://bonds.yahoo.com and clicking on Composite Bond Rates. What is the spread

Find the current yields on municipal bonds given different quality ratings by going to http://bonds.yahoo.com and clicking on “Composite Bond Rates.” What is the spread between the AAA 10-year municipal and 10-year T-bond? Comment on why the spread is small or even negative.

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