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    Money and Capital Markets
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    Exam 7: Inflation and Deflation, Yield Curves, and Duration: Impact on Interest Rates and Asset Prices
  5. Question
    Explain the Meaning of the Phrase Term Structure of Interest
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Explain the Meaning of the Phrase Term Structure of Interest

Question 17

Question 17

Essay

Explain the meaning of the phrase term structure of interest rates. What is a yield curve? What assumptions are necessary to construct a yield curve?

Correct Answer:

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The "term structure of interest rates"
r...

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