Question: 21. Is a normal yield curve upward sloping or downward sloping, and why? 22. According to the Expectations Hypothesis, what does a downward sloping (inverted)

 21. Is a "normal yield curve" upward sloping or downward sloping,

21. Is a "normal yield curve" upward sloping or downward sloping, and why? 22. According to the "Expectations Hypothesis," what does a downward sloping (inverted) yield curve predict about future short-term interest rates? 23. What does Duration measure as it relates to bonds, and what are the two bond characteristics that affect Duration

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