n NISM Certifications
XIII NISM Series XIII
Medium

Yield to Maturity (YTM) assumes that the term structure of zero rates is ______.

Practice question from NISM Series XIII for SIF - Mock Test 9 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Flat

    Correct answer

  2. B

    Normal

  3. C

    Humped

  4. D

    Inverted

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

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