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The term structure of interest rates - A. is an indication of investor's expectations regarding inflation and future interest rates B. will be downward sloping
The term structure of interest rates -
A. is an indication of investor's expectations regarding inflation and future interest rates
B. will be downward sloping if short-term interest rates are higher than long-term rates
C. impacts the firm's choice of a short-term financing strategy
D. all of the above are correct
E. none of the above are correct
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