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Assume that the current corporate bond yield curve is upward sloping, or normal. Under this condition, we could be sure that a. Long-term interest rates

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Assume that the current corporate bond yield curve is upward sloping, or normal. Under this condition, we could be sure that a. Long-term interest rates are more volatile than short-term rates b. Inflation is expected to decline in the future. c. The economy is not in a recession d. Long-term bonds are a better buy than short-term bonds e. Maturity risk premiums could help to explain the yield curve's upward slope

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