微信扫一扫
实时资讯全掌握
|
A portfolio manager who believed in the liquidity premium theory would expect: A. long-term securities to offer higher returns than short-term securities. B. long-term rates to be higher than investors’ expectations of future rates, because of the liquidity premium. C. short-term rates to be lower than investors’ expectations of short-term rates, because of the liquidity premium. |