What the trade-offs are in holding a large proportion of short-term securities, such as T-bills, versus long-term

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What the trade-offs are in holding a large proportion of short-term securities, such as T-bills, versus long-term securities, such as loans?

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Financial Markets And Institutions

ISBN: 9781259919718

7th Edition

Authors: Anthony Saunders, Marcia Cornett

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