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Basic Question 4 of 5
The typical yield curve, also referred to as the normal yield curve, is ______.
B. downward sloping
C. flat
A. upward sloping
B. downward sloping
C. flat
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Learning Outcome Statements
define spot rates and the spot curve, and calculate the price of a bond using spot rates
CFA® 2025 Level I Curriculum, Volume 4, Module 9.