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    Exam 13: An Introduction to Interest Rate Determination and Forecasting
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    If the Yields on Short-Term Securities Are Higher Than Comparable
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If the Yields on Short-Term Securities Are Higher Than Comparable

Question 55

Question 55

Multiple Choice

If the yields on short-term securities are higher than comparable long-term securities,the yield curve will be:


A) level.
B) negative.
C) positive.
D) undefined.

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