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Based on the table of bond prices below, what is the shape of the yield curve? (Each bond has a $100 face value.) Maturity /
Based on the table of bond prices below, what is the shape of the yield curve? (Each bond has a $100 face value.)
Maturity / Price ($)
1 / 95.24
2. / 90.70
3 / 86.38
4 / 82.27
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