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Which of the following is CORRECT? a) The expectation hypothesis explains why the yield curve is generally upward sloping. Ob) Yield to maturity equals the

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Which of the following is CORRECT? a) The expectation hypothesis explains why the yield curve is generally upward sloping. Ob) Yield to maturity equals the contemporaneous market interest rate for those investments with similar risk c) Duration also represents a bond's default risk. O d) None above is correct

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