When the spot curve is upward sloping, the forward curve: A. Lies above the spot curve. B.

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When the spot curve is upward sloping, the forward curve:

A. Lies above the spot curve.

B. Lies below the spot curve.

C. Is coincident with the spot curve.

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Fixed Income Analysis

ISBN: 9781119850540

5th Edition

Authors: Barbara S. Petitt

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