The Following Table Summarizes Prices of Various Default-Free Zero-Coupon Bonds

question 86

Multiple Choice

The following table summarizes prices of various default-free zero-coupon bonds (expressed as a percentage of face value) : Based upon the information provided in the table above, you can conclude ________.

• A) that the yield curve is flat
• B) nothing about the shape of the yield curve
• C) that the yield curve is downward sloping
• D) that the yield curve is upward sloping

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