Which is generally considered the more appropriate estimate of the risk-free rate: the yield on a short-term

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Which is generally considered the more appropriate estimate of the risk-free rate: the yield on a short-term T-bill or the yield on a 10-year T-bond?

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Intermediate Financial Management

ISBN: 9781337395083

13th Edition

Authors: Eugene F. Brigham, Phillip R. Daves

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