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You are offered two bond, a one-year U.S Treasury bond with a yield to maturity of 9% and a one-year U.S Treasury bill with a
- You are offered two bond, a one-year U.S Treasury bond with a yield to maturity of 9% and a one-year U.S Treasury bill with a yield on a discount basis of 8.9%. Which would you rather own?
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International Trade
Authors: John McLaren
1st edition
0470408790, 978-0470408797
