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6. Does the binomial interest rate model shown below imply an upward-sloped, downward-sloped, or flat spot rate curve? (3pt) 0 1 2 0.5 0.0602

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6. Does the binomial interest rate model shown below imply an upward-sloped, downward-sloped, or flat spot rate curve? (3pt) 0 1 2 0.5 0.0602 0.5 0.0552 0.5 0.05 0.5 0.0502 0.0452 0.5 0.5 0.0402

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