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Title: The liquidity premium theory holds that investors Post by: kolitchko on May 6, 2018 The liquidity premium theory holds that investors
A) always choose the bond with the highest expected return, regardless of maturity. B) require a term premium to compensate them for investing in a less preferred maturity. C) view bonds of different maturities as perfect substitutes. D) view bonds of different maturities as completely unsubstitutable. Title: Re: The liquidity premium theory holds that investors Post by: vehmein on May 6, 2018 Content hidden
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