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Which of the following is false regarding yield curves and yield spreads ? Group of answer choices The yield curve is a graphical depiction of

Which of the following is false regarding yield curves and yield spreads?

Group of answer choices

The yield curve is a graphical depiction of the term structure of interest rates.

The yield spread varies with the business cycle in the same direction.

Yield spreads indicate the relationship between bond yields and the particular features on various bonds such as quality, callability, and taxes.

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