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: The Industrial Revolution had many positive effects. Among those was an increase in wealth, the production of goods, and the standard of living. People had access to healthier diets, better housing, and cheaper goods. ... The middle and upper classes benefited immediately from the Industrial Revolution.
Explanation:
