QUESTION 31 Assume that the current corporate bond yield curve is upward sloping, or normal. Under this condition, we could be sure that O a.Long-term interest rates are more volatile than short-term rates, O b. Inflation is expected to decline in the future. O c The economy is not in a recession. O d. Long-term bonds are a better buy than short-term bonds. O e. Maturity risk premiums could help to explain the yield curve's upward slope. QUESTION 32 What is the real rate of return on a bond with an annual coupon rate of 8% given an annual inflation rate of 4%? a. 129 O b. 49 OC6% d.298 le 896