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To what does the term structure of interest rates refer? A.The fact that long-term interest rates are always higher than short-term interest rates B.The relationship
To what does the term structure of interest rates refer?
A.The fact that long-term interest rates are always higher than short-term interest rates
B.The relationship between bond maturities and interest rates
C.Why the expectations theory and liquidity preference theory are contradictory
D. None of the above
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