When yields are constant across maturities on assets of similar characteristics the yield curve should be Select one: O a. rising over time. b. falling over time. O O c. flat. d. increasing as a function of maturity. Under the preferred habitat theory of the term structure of interest rates, the Select one: a. shorter the term to maturity, the greater is the liquidity premium. b. longer the term to maturity, the greater is the liquidity premium. c. liquidity premium falls as investors move out of their preferred habitat. d. liquidity premium rises as investors move out of their preferred habitat