Series 7 - General Securities Representative Exam

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A normal yield curve is when

Shorter term debt instruments have lower yields than longer term debt instruments
A
Longer term debt instruments have lower yields than shorter term debt instruments
B
Municipal bonds are yielding higher than T bonds
C
T Bonds are yielding higher than municipal bonds
D

Explanations

A normal yield curve is when shorter term debt instruments have lower yields than longer term debt instruments

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