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The yield curve varies over time based the relative riskiness of buying a single long-term bond versus purchasing multiple short-term bonds. This explanation of the
The yield curve varies over time based the relative riskiness of buying a single long-term bond versus purchasing multiple short-term bonds. This explanation of the yield curve is most consistent with
A. | the market segmentation theory | |
B. | the liquidity preference theory | |
C. | the Fisher Effect theory | |
D. | the unbiased expectations theory |
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