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Basic Question 6 of 12
Credit curves are typically ______.
B. flat
C. downward sloping
A. upward sloping
B. flat
C. downward sloping
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.

Martin Rockenfeldt
Learning Outcome Statements
describe macroeconomic, market, and issuer-specific factors that influence the level and volatility of yield spreads
CFA® 2025 Level I Curriculum, Volume 4, Module 14.