Question: A normal yield curve that is upward sloping implies that: the returns on long - term securities are equal to the returns on short -

A normal yield curve that is upward sloping implies that:
the returns on long-term securities are equal to the returns on short-term securities of similar risk.
the returns on bonds with higher maturity risks are lower than the returns on bonds with lower maturity
risks.
the returns on short-term securities are lower than the returns on long-term securities of similar risk.
the returns on short-term securities are higher than the returns on long-term securities of similar risk.
the returns on bonds with a lower default risks are higher than the returns on bonds with higher default
risks.
 A normal yield curve that is upward sloping implies that: the

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