Question
Suppose the U.S government defaults on its payments(i.e.,cannot pay T-bills at their maturity date). What would be the effect on the T-bill rate?What would be
Suppose the U.S government defaults on its payments(i.e.,cannot pay T-bills at their maturity date).
What would be the effect on the T-bill rate?What would be the effect on the interest rates of other money markets instruments?
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Finance
Authors: Angelico Groppelli, Ehsan Nikbakht
2nd Edition
0812043731, 978-0812043730
