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Why can a negative interest-rate policy result in an allocation of funds by investors to very risky assets and potentially cause a price bubble?
Why can a negative interest-rate policy result in an allocation of funds by investors to very risky assets and potentially cause a price bubble?
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What Is a Negative Interest Rate Policy NIRP A negative interest rate policy NIRP is an unconventional monetary policy tool employed by a central bank whereby nominal target interest rates are set wit...Get Instant Access to Expert-Tailored Solutions
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
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