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1. explain the yield curve and its types? 2. risk premiums on corporate bonds are usually anti cyclical, that is, they decrease during Business cycle
1. explain the yield curve and its types?
2. risk premiums on corporate bonds are usually anti cyclical, that is, they decrease during Business cycle expension and increase during recessions, why is this?
3. if yield curves, on average, were flat, what would they say about liquidity premiums in term structure? would you be more the pure expectations theory?
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