Which one of the following statements is INCORRECT? Select one: a. In inverted yield curve situation, borrowers would borrow short, and investors would invest long. b. In normal yield curve situation, borrowers would borrow long, and investors would invest short. c. Prospective bonds buyers (investors) who buy bonds from the issuing companies and governments (borrowers) follow up the yield curve to decide whether to invest short or long, and whether to borrow short or long. d. Companies are interested in the direction of the yield curve to ensure smooth inventory management, maximize the bond duration, and shorten the call period. Next page