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Business, 12.07.2019 12:00 sweetLips230

Suppose you observe a change in the relationship between short-term and long-term bonds. specifically, you note that although interest rates on both short-term and long-term bond are rising together, as expected, the rate on long-term bonds is not rising by as much as has been observed in the past. assuming the liquidity premium theory of term structure, you conclude that the liquidity premium is

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Suppose you observe a change in the relationship between short-term and long-term bonds. specificall...
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