The following yield data for a number of highest-quality corporate bonds existed at each of the three points in time noted. Yield Time to maturity (years) 5 years ago 2 years ago Today 1 9.1% 14.6% 9.3% 3 9.2 12.8 9.8 5 9.3 12.2 10.9 10 9.5 10.9 12.6 15 9.4 10.7 12.7 20 9.3 10.5 12.9 30 9.4 10.5 13.5 On the same set of axes, draw the yield curve at each of the three given times. Label each curve in part a with its general shape (downward sloping, upward sloping, flat). Describe the general interest rate expectation existing at each of the three times, assuming the expectations theory holds. Examine the data from 5 years ago. According to the expectations theory, what approximate return did investors expect a 5-year bond to pay as of today

c

explanation:

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

hope this

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.