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  3. Study Set
    Principles of Money Banking
  4. Exam
    Exam 5: The Term and Risk Structure of Interest Rates
  5. Question
    According to the Pure Expectations Approach to Term Structure, Investors
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According to the Pure Expectations Approach to Term Structure, Investors

Question 21

Question 21

Multiple Choice

According to the pure expectations approach to term structure, investors view securities with different maturities as


A) close substitutes.
B) complements.
C) inversely related.
D) independent.

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