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Need help with question 3 parts a)-c) QUESTION 3 (Total of 5 marks) The graph below shows the Government of Canada bond yield curve at
Need help with question 3 parts a)-c)
QUESTION 3 (Total of 5 marks) The graph below shows the Government of Canada bond yield curve at two points in 2020. +Wed Apr 8, 2020 Mon Feb 3, 2020 02/03/2020 m ly 28 3 CA Yield Curve 3 imm Soucces 7 10 30 OANDA a) Describe the overall shape of the yield curve on Feb 3, 2020. What is important about this type of yield curve in terms of forecasting economic growth? (Max. 3 sentences) b) What has happened to the shape of the overall yield curve from February 3 to April 8? (maximum one sentence) c) Why have short-term interest rates fallen so sharply? (maximum 3 sentences, bullet points acceptable)Step by Step Solution
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