Shape of Yield curve

CFA Level I
#1

Several theories have evolved that explain the observed shape of the yield curve. Which of the following best describes the theory which contends that the only factor affecting the yield curve are beliefs about future short-term rates? a) No-arbitrage Theory b) Liquidity Theory c) Short-term Theory d) Pure Expectaions Theory e) Preferred Habitat Theory

#2

D?

#3

Yup D is the answer

#4

this is a 1st for me - a question with 5 answer choices.

#5

D…

#6

D all the way…

#7

F for wtf 5 choices bbq

#8

Dinesh has started the 5 choice trend…

#9

LongOnCFA Wrote: ------------------------------------------------------- > Dinesh has started the 5 choice trend… lololol

#10

D