Which of the following charts shows a typic term structure of credit spread of project finance?

Select one:

a. None of the charts is correct

b. Chart A

c. Chart B

d. Chart C

e. Chart D

A B 0.06 0.06 0.04 0.04 Interest rate 0.02 Interest rate 0.02 o o 8 0 8 2 4 6 Time to maturity 2 4 6 Time to maturity D 0.06 0.06 0.04 0.04 interest rate 0.02 Interest rate 0.02 0 0 0 8 0 8 2 4 6 time to maturity 2 4 6 Time to maturity