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Under the liquidity premium theory of the term structure of interest rates : A) the shorter the term to maturity, the greater is the liquidity
Under the liquidity premium theory of the term structure of interest rates : A) the shorter the term to maturity, the greater is the liquidity premium. B) there is no unique link between the term to maturity and the liquidity premium. C) the longer the term to maturity, the greater is the liquidity premium. D) none of the choices is correct
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
1st Edition
978-1464146978, 1464146977
