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    Exam 19: The Term Structure of Interest Rates
  5. Question
    When the Yield Declines as Maturity Increases, the Yield Curve
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When the Yield Declines as Maturity Increases, the Yield Curve

Question 4

Question 4

Multiple Choice

When the yield declines as maturity increases, the yield curve is said to be:


A) Inverted.
B) Downward sloping.
C) Positive.
D) Negative.
E) a, b, and d only.

Correct Answer:

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