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Answer the following questions (a) (2) Between a government bond and an ordinary stock, which one is less risky? Why? (b) (2) Between the bond
Answer the following questions
(a) (2) Between a government bond and an ordinary stock, which one is less risky? Why?
(b) (2) Between the bond market and the equity market of a developed country, which one
has bigger size?
(c) (2) What are the major differences between the Treasury security market and the LIBOR
market?
(d) (2) What do we mean by linear derivatives?
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