For a given class of similar-risk securities what does each


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?

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Finance Basics: For a given class of similar-risk securities what does each
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