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    Fixed Income Securities
  4. Exam
    Exam 5: Interest Rate Derivatives: Forwards and Swaps
  5. Question
    Today You Notice That Forward Rates Are Well Above the Spot
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Today You Notice That Forward Rates Are Well Above the Spot

Question 10

Question 10

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Today you notice that forward rates are well above the spot rate. What shape must the yield curve have?

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It must be upward sl...

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