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Bond A is a 3 month bond, Bond B is a year old bond, and Bond C is a 30 year bond. With an upward
Bond A is a 3 month bond, Bond B is a year old bond, and Bond C is a 30 year bond. With an upward sloping term structure, which bond will have the highest return?
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Handbook Of Financial Econometrics
Authors: Yacine Ait-Sahalia, Lars Peter Hansen
1st Edition
044450897X, 978-0444508973
