________ Is the Number of Basis Points That Are Added

question 28

Multiple Choice

________ is the number of basis points that are added to the yield to maturity on a U.S.government bond corresponding to that maturity.

• A) Swap spread
• B) Interest-rate spread
• C) Bid-ask spread
• D) The bank spread

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Definitions:

Capital Formation

The process of building up the physical and financial assets of an economy for the production of goods and services.

Manufacturing

The process of converting raw materials, components, or parts into finished goods that meet a customer's expectations or specifications.

Services

Intangible products such as accounting, banking, cleaning, consultancy, education, insurance, expertise, medical treatment, or transportation.

Brain Drain

Refers to the emigration of highly skilled or qualified people from a particular country or region to another, often for better pay or conditions.