Question: When the yield curve is upward -sloping, then: A) long-maturity bonds increse in price when interest rates increase B) short-maturity bonds offer the highest coupon
When the yield curve is upward -sloping, then:
A) long-maturity bonds increse in price when interest rates increase
B) short-maturity bonds offer the highest coupon rates
C) short-maturity bonds yields less than long-maturity bonds
D) long-maturity bonds are priced above par value
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