Maturity Intermediation Has Implications for Financial Markets in That

Multiple Choice

Maturity intermediation has implications for financial markets in that:

A) Investors have more choices concerning the maturity of their investments.
B) Borrowers have more choices for the length of their debt obligations.
C) Investors will require that long-term borrowers pay a higher interest rate than on short-term borrowing.
D) a and c only.
E) All of the above.