The liquidity premium theory of the term structure

	A.	assumes investors tend to prefer short-term bonds because they have less interest-rate risk.
	B.	assumes that interest rates on the long-term bond respond to demand and supply conditions for that bond.
	C.	assumes that an average of expected short-term rates is an important component of interest rates on long-term bonds.
	D.	assumes all of these.
	E.	assumes none of these.