Correct answer = B
"Understanding Yield Spreads," Frank J. Fabozzi
2008 Modular Level I, Vol. 5, p. 351
Study Session 15-65-c
explain the basic theories of the term structure of interest rates and describe the implications of each theory for the shape of the yield curve
The market segmentation theory asserts that the supply and demand for funds determine the interest rates for each maturity sector.
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发表于 2008-5-28 23:30
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