The Term Structure of Interest Rates Can Be Upward Sloping

question 5

Essay

The term structure of interest rates can be upward sloping or downward sloping. If this is so, can discount factors also be upward sloping or down- ward sloping?

---

Definitions:

Reggio Emilia

An educational approach for young children that emphasizes self-directed, experiential learning in a relationship-driven environment.

Facilitator

An individual who makes an action or process easy or easier, often used in the context of learning or meeting environments.

Montessori

A method of education that is based on self-directed activity, hands-on learning, and collaborative play.

Director

A person who is in charge of an organization, department, or production, like a movie or play.