Both buyers and sellers then havethe parameters to agree on a fair price, which Painter says typically settles in thelowest quartile of all transactions (the left side of the bell curve) compared to thelowest 6 percent of transactions before the change.
So we would expect Treasuries havethelowest interest rates (or the highest prices, the yield being the inverse of theprice), munis higher and corporate bonds the highest.
Within the last two years young people have become adept at using the Internet as a tool to obtain information on everything from thelowestprice for a popular CD to information about various colleges and universities.
Such charges were sweeping Silicon Valley at the time after professor Erik Lie of the University of Iowa released a paper in 2005 suggesting that a number of companies may have changed dates on stock options to richly compensate employees (pick a date with thelowest stock price).