Under the expectation theory, an upward sloping yield curve would indicate that --------------------,

A.

Investors expect short-term interest rate to fall in the future.

B.

Investors expect short-term interest rate to rise in the future.

C.

Investors expect long-term interest rate to fall in the future.

D.

Investors expect long-term interest rate to rise in the future.

E.

The presence of liquidity premium.