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According to the segmented markets theory, if most investors suddenly preferred to invest in long-term securities and most borrowers suddenly preferred to issue short-term securities,

According to the segmented markets theory, if most investors suddenly preferred to invest in long-term securities and most borrowers suddenly preferred to issue short-term securities, there would be____. Explain why.

a. downward pressure on the price of long-term securities.

b. downward pressure on the yield of long-term securities.

c. downward pressure on the price of long-term securities AND downward pressure on the yield of long-term securities.

d. downward pressure on the short-term yields.

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