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  • When the price of a bond is below the equilibrium price, there is excess ________ in the bond market and the price will ________. #301
  • The risk structure of interest rates is #302
  • Which of the following long-term bonds should have the lowest interest rate? #303
  • Typically, increasing interest rates #304
  • Which of the following long-term bonds should have the highest interest rate? #305
  • Bonds with relatively low risk of default are called #306
  • Bonds with relatively high risk of default are called #307
  • Between 1919 and 2016, when did long-term bond yields peak? #308
  • Between 1919 and 1990, when did long-term bond yields reach a low point? #309
  • A corporation suffering big losses might be more likely to suspend interest payments on its bonds, thereby #310
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