n NISM Certifications
XIII NISM Series XIII
Medium

If the shape of the term structure is 'Normal', it implies that ________.

Practice question from NISM Series XIII for SIF - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rate is the same for all terms

  2. B

    Rate is high for medium term and falls off on either side

  3. C

    Rate falls with the term

  4. None of the above

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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