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24. Which of the following statements is true? a) According to the unbiased expectations hypothesis, the yield curve will be flat if expected future short-term
24. Which of the following statements is true? a) According to the unbiased expectations hypothesis, the yield curve will be flat if expected future short-term rates exceed current short-tenin rates. b) According to the unbiased expectations hypothesis, long-term rates are equal to expected future short-term rates. Ve) According to the liquidity preference hypothesis, the term structure is usually downward sloping. d) According to the market segmentations hypothesis, interest rates for long-maturity bonds are independent from interest rates for short-maturity bonds
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