[单选题]

A bond market analyst states, "The current term structure of interest rates is upward sloping which implies the market believes short-term interest rates will rise in the future." Which theory of the term structure of interest rates does the analyst most likely believe?

A.Pure expectations theory.

B.Liquidity preference theory.

C.Market segmentation theory.

参考答案与解析:

相关试题

With respect to the term structure of interest rates, the market segmentation theory holds that:

[单选题]With respect to the term structure of interest rates, the market segmentati

  • 查看答案
  • The current price of a bond is 102.50. If interest rates change by 0.5%, the value of the bond price

    [单选题]The current price of a bond is 102.50. If interest rates change by 0.5%, th

  • 查看答案
  • Which of the following statements regarding the term structure of interest rates is least accurate?

    [单选题]Which of the following statements regarding the term structure of interest

  • 查看答案
  • Which statement about the theories of the term structure of interest rates is most accurate?

    [单选题]Which statement about the theories of the term structure of interest rates

  • 查看答案
  • If market interest rates have changed materially since a firm issued a bond, and the firm uses the e

    [单选题]If market interest rates have changed materially since a firm issued a bond

  • 查看答案
  • When interest rates fall, the price of a callable bond will:

    [单选题]When interest rates fall, the price of a callable bond will:A.Fall less tha

  • 查看答案
  • On 1 January 2011 the market rate of interest on a company's bonds is 5% and it issues a bond w

    [单选题]On 1 January 2011 the market rate of interest on a company's bonds is 5% an

  • 查看答案
  • An analyst gathered the following information about spot rates and a coupon bond (all rates are annu

    [单选题]An analyst gathered the following information about spot rates and a coupon

  • 查看答案
  • An analyst develops the following probability distribution for the states of the economy and market

    [单选题]An analyst develops the following probability distribution for the states o

  • 查看答案
  • A bond has duration of 4.50 and convexity of -39.20. If interest rates increase by 0.5%, the percent

    [单选题]A bond has duration of 4.50 and convexity of -39.20. If interest rates incr

  • 查看答案
  • A bond market analyst states, "The current term structure of interest rates is upward sloping w