Since Yield Curves Are Usually Upward Sloping,the ________ Indicates That,on

question 48

Multiple Choice

Since yield curves are usually upward sloping,the ________ indicates that,on average,people tend to prefer holding short-term bonds to long-term bonds.

• A) market segmentation theory
• B) expectations theory
• C) liquidity premium theory
• D) both A and B of the above
• E) both A and C of the above