【单选题】The ________ of the term structure of interest rates states that the interest rate on a long-term bond will equal the average of short-term interest rates that individuals expect to occur over the lif...
【判断题】According to the expectations theory, the interest rate on a long - term bond is the average of the short - term interest rates expected over the life of the long - term bond.
【单选题】According to the expectations theory of the term structure, the interest rate on a long-term bond will equal the ________ of the short-term interest rates that people expect to occur over the life of ...