The exclusion of interest on educational savings bonds: a. Does apply even if used to pay for room and board. b. Applies to parents who purchase bonds for which the proceeds are used for their child's education. c. Means that the child must include the interest in income if the bond is owned by the parent. d. Applies only to savings bonds owned by the child.

There are three factors that can affect the shape of the treasury yield curve (r* t , ip t , and mrp t ) and five factors that can affect the shape of the corporate yield curve (r* t , ip t , mrp t , drp t , and lp t ). the yield curve reflects the aggregation of the impacts from these factors. suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the us treasury yield curve can take. check all that apply.a. downward-sloping yield curveb. upward-sloping yield curvec. inverted yield curve