Implication of the Expectations Theory Assignment | Homework For You
May 27th, 2020
The implication of the expectations theory that expected returns for a holding period must be the same for bonds of different maturities depends on the assumption that:

instruments with different terms to maturity are perfect substitutes.
E DO yield curves always slope downward.
lenders are generally risk-averse.
yield curves always slope upward. Get Finance homework help today
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