A local bank offers a deposit that earns 4% annual interest. The deposit is backed by the

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A local bank offers a deposit that earns 4% annual interest. The deposit is backed by the government if the bank fails. What is the risk premium of this depost?

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ISBN: 9780134989969

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Authors: Jeff Madura

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Question Posted: Dec 30, 2022 06:17 AM

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A local bank offers a deposit that earns 4% annual interest. The deposit is backed by the

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