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There are good economic arguments why interest rates cannot be negative for long periods of time. Even if there are many savers/lenders and very few
There are good economic arguments why interest rates cannot be negative for long periods of time. Even if there are many savers/lenders and very few borrowers.
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
7th Edition
0030333288, 9780030333286
