Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 4 of 5
The typical yield curve, also referred to as the normal yield curve, is ______.
B. downward sloping
C. flat
A. upward sloping
B. downward sloping
C. flat
User Contributed Comments 0
You need to log in first to add your comment.

I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.

Andrea Schildbach
Learning Outcome Statements
define spot rates and the spot curve, and calculate the price of a bond using spot rates
CFA® 2025 Level I Curriculum, Volume 4, Module 9.