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Suppose the yield curve is upward sloping throughout and you purchase a 20-year bond. If you are following a yield curve ride strategy, then: Group

Suppose the yield curve is upward sloping throughout and you purchase a 20-year bond. If you are following a yield curve ride strategy, then:

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a) you expect the yield on the bond to be lower next year than it is today

b) you expect the yield on the bond to be the same next year than it is today

c) you expect the yield on the bond to be higher next year than it is today

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