Question: In the normal yield curve, yields are seen to increase as term to maturity increases. What cannot be used to explain this? Question 5 Select

In the normal yield curve, yields are seen to increase as term to maturity increases. What cannot be used to explain this?
Question 5Select one:
a.
Increased arrangement costs over time
b.
Increased opportunity costs over time
c.
Increased risk over time
d.
Increased uncertainty over time

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