What is the normal shape of the yield curve

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Reference no: EM131111721

For a given class of similar-risk securities, what does each of the following yield curves reflect about interest rates: 

(a) Downward-sloping; 

(b) Upward-sloping; and 

(c) Flat? What is the "normal" shape of the yield curve?

Reference no: EM131111721

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