What should happen to a securitys nominal interest rate as the securitys liquidity risk increases?

Question:

What should happen to a security’s nominal interest rate as the security’s liquidity risk increases?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Markets and Institutions

ISBN: 978-0077861667

6th edition

Authors: Anthony Saunders, Marcia Cornett

Question Posted: