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4 . Which of the following statements about the yield curve is incorrect? A ) The normal yield curve is upward sloping. B ) The

4. Which of the following statements about the yield curve is incorrect?
A) The normal yield curve is upward sloping.
B) The yield curve can be used to help set coupon rates for new bonds.
C) Yield curves for A -rated bonds are typically higher than those for B-rated bonds.
D) Bond prices shift to fit the yield curve.

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