20. a. What are the types of risks associated with investing in bonds, and how do these...

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20.

a. What are the types of risks associated with investing in bonds, and how do these two risks affect the pure expectations theory?

b. Give three interpretations of the pure expectations theory.

c. What are the two biased expectations theories about the term structure of interest rates?

d. What are the underlying hypotheses of the two biased expectations theories of interest rates?

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Foundations Of Global Financial Markets And Institutions

ISBN: 9780262039543

5th Edition

Authors: Frank J. Fabozzi, Frank J. Jones, Francesco A. Fabozzi, Steven V. Mann

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