Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

A 10-year corporate bond must have a higher yield than a 5-year Treasury bond. A

ID: 2639326 • Letter: A

Question

A 10-year corporate bond must have a higher yield than a 5-year Treasury bond.

A 10-year Treasury bond must have a higher yield than a 10-year corporate bond.

A 5-year corporate bond must have a higher yield than a 10-year Treasury bond.

The corporate yield curve must be flat.

Since the Treasury yield curve is downward sloping, the corporate yield curve must also be downward sloping.

A 10-year corporate bond must have a higher yield than a 5-year Treasury bond.

A 10-year Treasury bond must have a higher yield than a 10-year corporate bond.

A 5-year corporate bond must have a higher yield than a 10-year Treasury bond.

The corporate yield curve must be flat.

Since the Treasury yield curve is downward sloping, the corporate yield curve must also be downward sloping.

Explanation / Answer

As per the following given statements, since the treasury security has no liquidity premium on the treasury security and on the other hand the bond has a positive liquidity premium.

Thus, the coupon bonds will have higher yield than the treasury security.

Hence, the correct statement is C that is A 5-year corporate bond must have a higher yield than a 10-year Treasury bond.

Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Chat Now And Get Quote