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Current T-bill interest rate is 8% per year. The one-year T-bill interest rate is expected to be 9% per year next year and 10% per
Current T-bill interest rate is 8% per year. The one-year T-bill interest rate is expected to be 9% per year next year and 10% per year the year after. Calculate the 3-year interest rate if the liquidity risk premium for a 3-year term is 2% per year
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National Finance A Chinese Perspective
Authors: Yunxian Chen, Heming Yong
1st Edition
9813360917, 978-9813360914
