The relationship between the time to maturity and the interest rate on default-free, pure discount bonds is the _______.
A) yield structure
B) term structure
C) market return graph
D) yield curve
E) bond yield

Question

Quizplus · Accepted Answer

The term structure of interest rates, often depicted as a yield curve, shows the relationship between interest rates (or yields) and different maturities of default-free, pure discount bonds.

The Relationship Between the Time to Maturity and the Interest