Which of the following statements is correct? 7 Multiple Choice 4.14 points 8 02:04:12 A flat yield curve occurs when the yield-to-maturity is virtually unaffected by the term-to- maturity. eBook Print Real interest rates are generally lower than nominal interest rates. References o Liquidity risk is the risk that a security may be difficult to sell on short notice for its true value. O All of these choices are correct

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