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11 LG U+ 28 2:31 76% @ 58:35 17/28 (4.05) 17. The expectations theory of the term structure is not able to explain the following

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11 LG U+ 28 2:31 76%

@ 58:35 17/28 (4.05) 17. The expectations theory of the term structure is not able to explain the following fact about the yield curve. A B C D Interest rates of different instruments are positively correlated. When interest rates are high, the curve tends to be downward sloping. It is almost always upward sloping. None of the above.

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