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.
Answer:
Why did you delete my previous answer?
Explanation:
Answer:
the law that defines the crime is a substantive law, and the law that provides for the right to appeal is a procedural law.
Explanation:
Answer: B : They resented that it made them help catch runaway slaves
Explanation:
The act was to catch any runaway slaves in the south and including the north. There were many abolitionists in the north, so they hated the act.
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As Eqypt established trade with Kush, the two areas began to develop a close partnership, in which they relied on one another for goods and shared ideas. The Kush people were the only elephant exporting people besides the Indians, and history tells that the Kush presented Egyptians with gold, ostriches, feathers, exotic products and many other gifts.
