Determine the current interest rate

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Determine the current interest rate on the following securities, and explain why the interest rates are different for these different bonds.

(a) U.S. Treasury bond due in 5 years

(b) General obligation bond of a municipal district, city, or a state due in 20 years

(c) Corporate debenture bond of a U.S. industrial firm due in 20 years

Reference no: EM131811073

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