According to the pure expectations hypothesis, which of the following is correct concerning the expectations of market participants in an upward-sloping yield curve environment?
A. Interest rates will increase and yield curve will flattern.
B. Interest rates will increase and yield curve will steepen.
C. Interest rates will decrease and yield curve will flattern.
D. Interest rates will decrease and yield curve will steepen.
thx. a lot | 
发表于 2010-10-4 15:32
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