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    Exam 4: Applying the Time Value of Money to Security Valuation
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    A Flat Term Structure Implies That Investors Expect Future Short-Term
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A Flat Term Structure Implies That Investors Expect Future Short-Term

Question 54

Question 54

Multiple Choice

A flat term structure implies that investors expect future short-term interest rates to:


A) decrease.
B) increase.
C) be the same as the current rate.
D) none of the options given.

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