Which type of financial institution should be best able to control moral hazard arising from the principle-agent problem: venture capital company commercial bank pension fund investment bank None of these institutions Question 20 3 pts According to the Preferred Habitat theory of the term structure (choose the most complete answer): the interest rate on long term bonds will exceed the average of expected future short term interest rates interest rates on bonds of different maturities move topether over time and buyers of bonds prefer tons term to short-term bonds buyers of bonds prefer long term to short-term bonds the interest rate on long-term bonds will exceed the average of expected future short term interest rates buyers of bond prefer short-term to long term bonds and interest rates on bonds of different maturities move to the time