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based on an upward sloping normal yield curve which of the following statements is correct? A. Pure expectation theory must be correct B. Inflation must

based on an upward sloping normal yield curve which of the following statements is correct?

A. Pure expectation theory must be correct

B. Inflation must be expected to increase in the future

C. If the Pure expectations theory is correct, future short-term rates are expected to be higher than current short term rates

D. There is a positive maturity risk premium

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