Question
Please answer in paragraph form and do not plagiarize: Question: Why might an investor require a greater expected return for an investment of longer maturity?
Please answer in paragraph form and do not plagiarize:
Question: Why might an investor require a greater expected return for an investment of longer maturity? Why is the interest rate in a Time Value of Money (TVM) calculation sometimes referred to as the discount rate?
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Public Finance In A Changing World
Authors: Peter Birch Sorensen
1998th Edition
0333682211, 978-0333682210
