Question 23 (2.5 points) According to the segmented markets theory, if most investors suddenly preferred to invest in short-term securities and most borrowers suddenly preferred to issue long-term securities, there would be downward pressure on the yield of long-term securities. upward pressure on the yield of short-term securities. upward pressure on the yields of both short-term and long-term securities. upward pressure on the price of short-term securities. Question 24 (2.5 points) Assume that annualized yields of short-term and long-term securities are equal. If investors suddenly believe interest rates will decrease, their actions may cause the yield curve to become flat. become inverted, be unaffected. become upward sloping