Question: Use the figures below to answer the question. YTM YTM Maturity Maturity A B Which of the two term structure relationships could be explained by

 Use the figures below to answer the question. YTM YTM Maturity

Use the figures below to answer the question. YTM YTM Maturity Maturity A B Which of the two term structure relationships could be explained by the liquidity preference model? Graph B only Graph A and Graph B Neither Graph A nor Graph B Graph A only

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