As a corporate treasurer, you have observed that the interest rate for a 30 -year treasury bond is usually higher than the interest rate for a 10-year treasury note, while the interest rate for a 10year treasury note is usually higher than for a 1-year treasury bill. This is the case whether or not rates are forecast to change. This is an example of the: Select one: a. Market segmentation theory b. Pure expectations theory c. Liquidity premium theory d. Preferred habitat theory Which of the following financial intermediaries are considered to be fractional reserve institutions? a. Commercial banks, S\&Ls, and insurance companies b. Credit unions, savings banks, and commercial banks c. Savings banks, mutual funds, and S\&Ls d. S\&Ls, finance companies, and credit unions