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Question
Based solely on the maturity preference theory, long-term interest rates:A. should equal short-term rates.
B. are unrelated to short-term rates.
C. may be higher than or lower than short-term rates.
D. should be lower than short-term rates.
E. should be higher than short-term rates.
Answer
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Related questions
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Which one of the following statements regarding an original issue $25,000 GNMA bond is correct?
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