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12.If theoretical spot rate curve lies below the par yield curve, then the curve is? A. upward sloping B. downward sloping C. flat

12.If theoretical spot rate curve lies below the par yield curve, then the curve is?

A. upward sloping

B. downward sloping

C. flat

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Principles of Corporate Finance

Authors: Richard Brealey, Stewart Myers, Franklin Allen

11th edition

978-0078034763

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