14. British government bonds, or gilts, currently are paying higher interest rates than comparable U.S. Treasury bonds.

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14. British government bonds, or gilts, currently are paying higher interest rates than comparable U.S. Treasury bonds. Suppose the Bank of England eases the money supply to drive down interest rates. How is an American investor in gilts likely to fare?

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International Financial Management

ISBN: 9781118929322

10th Edition

Authors: Alan C. Shapiro, Peter Moles

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