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    Fixed Income Analysis
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    Exam 7: The Term Structure and Interest Rate Dynamics
  5. Question
    Describe the Relationship Between Forward Rates and Spot Rates If
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Describe the Relationship Between Forward Rates and Spot Rates If

Question 44

Question 44

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describe the relationship between forward rates and spot rates if the yield curve is flat.

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A flat yield curve implies that all spot...

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