Which of the following statements about th
题型：单项选择题
问题：
Which of the following statements about the yield curve is TRUE （）
A. If long-term rates are low, the present value of cash flows far into the future will be low, and the bond’s value will be low.
B. Parallel shifts in the yield curve are not of concern to bond investors.
C. In a typical upward sloping yield curve, short and intermediate term rates are lower than long term rates.