Answer:
c. The maturity risk premium is zero.
Explanation:
Pure expectation theory states that the forward rate will represent expected future rate. Term structure is said to be a reflection of what the market expects future short term rates to be.
As future rates are expected to be the same as spot rates for that date, the theory is only applicable when there is no risk premium. That is the maturity risk premium is zero.
In areas where physical geography made farming more difficult for British colonies, they might have mined, fished, or raised livestock/animals.
A passive aggressive behaviour is a behaviour in which one person openly expresses hostility without being violent but by using other means such as ostensibly not answering another person's request or saying things which are not directly abusive but can be interpreted as such
Inscriptions written in praise of someone is known as prashastis .
