ield to laturity

Term to Maturity

e mound$-$shaped yield curve in the figure above indicates that pected to

lect one:

a$.$ fall moderately in the near$-$term and rise sharply later on$.$

b$.$ remain constant in the near$-$term and fall moderately later o

c$.$ rise moderately in the near$-$term and fall sharply later on$.$

d$.$ remain unchanged in the near$-$term and rise sharply later or