【每日一练】ACCA F9（ June 2015）

Please use the grid provided on page two of the Candidate Answer Booklet to record your answers to each multiple  choice question. Do not write out the answers to the MCQs on the lined pages of the answer booklet.
Each question is worth 2 marks.

Which of the following statements are correct?
(1) The general level of interest rates is affected by investors’ desire for a real return
(2) Market segmentation theory can explain kinks (discontinuities) in the yield curve
(3) When interest rates are expected to fall, the yield curve could be sloping downwards
A 1 and 2 only
B 1 and 3 only
C 2 and 3 only
D 1, 2 and 3

Answer：

D

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