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2. (11 marks) Yield Curves a. What is a yield curve and why are they typically upward sloping? (5 marks) b. Why is the flattening

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2. (11 marks) Yield Curves a. What is a yield curve and why are they typically upward sloping? (5 marks) b. Why is the flattening of the treasury yield curve considered an indicator of slower economy growth ahead? Explain. (6 marks)

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