If Bonds with Different Maturities Are Perfect Substitutes,then the ________

question 64

Multiple Choice

If bonds with different maturities are perfect substitutes,then the ________ on these bonds must be equal.

• A)expected return
• B)surprise return
• C)surplus return
• D)excess return

---

Definitions:

Antitrust Laws

Legislation designed to promote fair competition for the benefit of consumers, preventing monopolies and other activities that restrict trade.

Cooperation

Cooperation refers to the act of working together towards a common goal or interest, often leading to mutual benefits and achievements.

Oligopoly

A market situation in which a small number of sellers constitutes the entire industry. It is competition among the few.