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If the yield curve is flat, which of the following is true? A. Forward rates are higher than current rates. B. Forward rates are lower

If the yield curve is flat, which of the following is true?

A. Forward rates are higher than current rates.

B. Forward rates are lower than current rates.

C. U.S. Treasury bonds of different maturities are trading at the same price.

D. None of the above.

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