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The steeply upward sloping yield curve in the figure above indicates that ________ interest rates are expected to ________ in the future. short-term; rise short-term;

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  1. The steeply upward sloping yield curve in the figure above indicates that ________ interest rates are expected to ________ in the future.
  1. short-term; rise
  2. short-term; fall moderately
  3. short-term; remain unchanged
  4. long-term; fall moderately
Yield to Maturity term to Maturity

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