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Suppose the 180-day bill rate is higher than the 90-day rate. What does that imply about traders expectations of future interest rates? Explain.
Suppose the 180-day bill rate is higher than the 90-day rate. What does that imply about traders expectations of future interest rates? Explain.
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Fundamentals Of Investments Valuation And Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
9th Edition
1260013979, 9781260013979
