Question
Assume that you have some savings that you wish to place in U.S. Treasury bonds. You have the choice of buying a 1-year bond or
Assume that you have some savings that you wish to place in U.S. Treasury bonds. You have the choice of buying a 1-year bond or a 50-year bond. What are the benefits and risks if you choose a 1-year bond? A 50-year bond?
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International Economics
Authors: James Gerber
7th edition
134472098, 134523873, 978-0134472096
