3 Let us suppose that we observe a premium in the rate of return on corporate bonds...
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3 Let us suppose that we observe a premium in the rate of return on corporate bonds over the rate on government bonds and that over a period of time we see this premium increasing. What conclusions might we be tempted to draw?
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The Economics Of Money Banking And Finance
ISBN: 9780273710394
4th Edition
Authors: Peter Howells, Keith Bain
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