CFA Practice Question

There are 147 practice questions for this study session.

CFA Practice Question

The concepts of spot and forward rates are most closely associated with which one of the following explanations of the term structure of interest rates?
A. Expectations hypothesis
B. Liquidity premium theory
C. Preferred habitat hypothesis
Explanation: Forward rates exclusively represent expected future rates according to the theory.

User Contributed Comments 1

User Comment
belebala Market segmentation is based on Maturity.
You need to log in first to add your comment.