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Which of the following statements concerning spot rates, forward rates and yields is true? Spot rates are geometric means of YTMs which are a cash-weighted

Which of the following statements concerning spot rates, forward rates and yields is true?

Spot rates are geometric means of YTMs which are a cash-weighted average of forwards

YTMs are (cash) weighted averages of spot rates which, are geometric averages of forwards

Spot rates are (cash) weighted averages of forward rates which, are geometric averages of YTMs

Forwards are (cash) weighted averages of spot rates which, are geometric averages of YTMs

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