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Man, those test proctors really come down hard on talking. I got kicked out for bellowing quietly in the corner and chewing on a test booklet.

Funded Debt Drill

  • 1.

    Which of the following pay no interest?

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  • 5.

    If a 3-year Treasury note is yielding 2.8%, and a comparable 3-year corporate bond is said to be yielding "T + 250 bps," what is the yield of the corporate bond?