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Which of the following statements is CORRECT about a yield curve? a. A yield curve reflects the relationship between bond yields and the inflation rate.

Which of the following statements is CORRECT about a yield curve?

a. A yield curve reflects the relationship between bond yields and the inflation rate.
b. A humped yield curve reflects interest rates lower than short term maturities.
c. A normal yield curve is generally humped.
d. An upward sloping yield curve is referred to as abnormal or inverted.
e. A downward sloping yield curve is referred to as abnormal or inverted

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