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QUESTION 11 When next years short rate, r2, is greater than this years short rate, r1, the yield curve slopes up and may indicate a

QUESTION 11

When next years short rate, r2, is greater than this years short rate, r1, the yield curve slopes up and may indicate a rising rate expectation.

True

False

QUESTION 12

Duration of any bond is always shorter than its maturity.

True

False

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