[单选题]

Which of the following statements regarding the term structure of interest rates is least accurate?

A.Forward interest rates are the best estimates of future short-term interest rates under the pure expectations theory.

B.The observed yield curve likely contains elements of liquidity preference,market segmentation,and expectations theories.

C.Under the market segmentation theory,a flat yield curve is likely to become positively sloped if the demand for long-term bonds exceeds supply and if the supply of short-term bonds exceeds demand.

参考答案与解析:

相关试题

Which statement about the theories of the term structure of interest rates is most accurate?

[单选题]Which statement about the theories of the term structure of interest rates

  • 查看答案
  • Which of the following statements regarding revenue recognition is least accurate?

    [单选题]Which of the following statements regarding revenue recognition is least ac

  • 查看答案
  • Which of the following statements regarding deferred taxes is least accurate?

    [单选题]Which of the following statements regarding deferred taxes is least accurat

  • 查看答案
  • Which of the following statements regarding equity forward contracts is least accurate?

    [单选题]Which of the following statements regarding equity forward contracts is lea

  • 查看答案
  • Which of the following statements about interest rate swaps and currency swaps is least accurate?

    [单选题]Which of the following statements about interest rate swaps and currency sw

  • 查看答案
  • Which of the following statements regarding zero-coupon bonds and spot interest rates is most accura

    [单选题]Which of the following statements regarding zero-coupon bonds and spot inte

  • 查看答案
  • Which of the following is least accurate regarding a bank discount yield?

    [单选题]Which of the following is least accurate regarding a bank discount yield?A.

  • 查看答案
  • Which of the following is least accurate regarding fixed income indexes?

    [单选题]Which of the following is least accurate regarding fixed income indexes?A.R

  • 查看答案
  • Which of the following statements regarding a commodity index is most accurate?

    [单选题]Which of the following statements regarding a commodity index is most accur

  • 查看答案
  • Which of the following statements about elasticity is least accurate?

    [单选题]Which of the following statements about elasticity is least accurate?A.Both

  • 查看答案
  • Which of the following statements regarding the term structure of interest rates is least accurate?