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a.nicole a.nicole
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4 years ago
Assume that the expectations theory holds. If the yield curve is downward sloping, then future spot rates are expected to be ________ current spot rates.

▸ greater than

▸ lower than

▸ the same as
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 2nd
Authors:
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ericmonsterericmonster
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4 years ago
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