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Liquidity Premium theory holds.... O Investors prefer higher yields Ogreater liquidity is more valuable/preferred an inverted curve is normal. O the matching principle applies
Liquidity Premium theory holds.... O Investors prefer higher yields Ogreater liquidity is more valuable/preferred an inverted curve is normal. O the matching principle applies
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The Oxford Handbook Of Credit Derivatives
Authors: Alexander Lipton, Andrew Rennie
1st Edition
0199546789, 978-0199546787
