Question: Ch 2 - Q 5 1 . According to the unbiased expectations theory, Group of answer choices markets are segmented and buyers stay in their
ChQ According to the unbiased expectations theory,
Group of answer choices
markets are segmented and buyers stay in their own segment
liquidity premiums are negative and time varying
the term structure will most often be upward sloping
the longterm spot rate is an average of the current and expected future shortterm interest rates
forward rates are less than the expected future spot rates
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