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The Segmented Markets Theory explains One of the follwing fact A. Bond holders consider bonds with different maturities to be perfect substitutes B. Interest rates

The Segmented Markets Theory explains One of the follwing fact

A.

Bond holders consider bonds with different maturities to be perfect substitutes
B.

Interest rates on bonds of different maturities move together over time.
C.

The interest rate for each bond with a different maturity is determined by the demand for and supply of that bond.
D.

Yield curves almost always slope upward.

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