32) What do we mean by a normal yield curve? 13) A normal yield curve a) slopes upward from 30-day to 30-year maturities. b) is not inverted. c) shows a normal distribution of bond returns. d) currently has a 5% nominal return for 30 to 90 days. e) a & b.

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Detailed Explanation of a Normal Yield Curve A normal yield curve is a fundamental concept in financ... View the full answer