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If the yield curve has a positive slope: O interest rates are expected to be lower in the future. O interest rates are expected to
If the yield curve has a positive slope: O interest rates are expected to be lower in the future. O interest rates are expected to be unchanged in the future. O interest rates are expected to be higher in the future. O interest rates are expected to be more volatile in the future.
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The Finance Book
Authors: Stuart Warner, Si Hussain
2nd Edition
1292401982, 978-1292401980
