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simmiie259 simmiie259
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2 years ago
The market segmentation theory holds that

▸ an increase in demand for long-term borrowings leads to an inverted yield curve.

▸ expectations about the future level of interest rates is the major determinant of the shape of the yield curve.

▸ the yield curve reflects the maturity preferences of financial institutions and investors.

▸ the shape of the yield curve is always downsloping.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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dhk72dhk72
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2 years ago
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simmiie259 Author
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2 years ago
this is exactly what I needed
TheMoffattMan
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Helped a lot
derya1234
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2 hours ago
This helped my grade so much Perfect
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