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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
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 Brated bonds.
D Bond prices shift to fit the yield curve.
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