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Describe the Yield Curve. You should do some of the following:a.What is the yield curve? What does it tell you? (graphic demonstration is typicallyhelpful)b.Applications (refer

Describe the Yield Curve. You should do some of the following:a.What is the yield curve? What does it tell you? (graphic demonstration is typicallyhelpful)b.Applications (refer to the expectations theory -forecast future rates given the current rates)c.Build one in Excel (Go back to Chapter 5 note to find the link to the real data, and create yield curve with the horizontal axis is the maturity, and vertical axis is the yield)

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