1. A "normal" term structure of interest rates would depict A) Long term rates higher than short term rates. B) Short term rates higher than long term rates C) No general relationship between short and long term rates D) Medium term rates lower than both short term and long term rates.

Essentials Of Investments
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Give typing answer with explanation and conclusion that 

1. A "normal" term structure of interest rates would depict
A) Long term rates higher than short term rates.
B) Short term rates higher than long term rates
C) No general relationship between short and long term rates
D) Medium term rates lower than both short term and long term rates.
Transcribed Image Text:1. A "normal" term structure of interest rates would depict A) Long term rates higher than short term rates. B) Short term rates higher than long term rates C) No general relationship between short and long term rates D) Medium term rates lower than both short term and long term rates.
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