Q9. (1 Point) What does the Expectations Theory of the term structure of interest rates imply a. The relationship between long-term and short-term bond yields, b. Long-term yield is higher than short-term yield c. The relationship between the forward rate and expected short rate d. The liquidity premium is positive Q10. (1 Point) If the current exchange rate is $1.95/, the 1-year forward exchange rate is $2.15/, and the interest rate on British government bills is 3% per year, what risk-free dollar- denominated return can be locked in by investing the British bills? a. 12.5% b. 13.5% c. 14.5% d. 15.5%