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kolitchko kolitchko
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6 years ago
If lenders anticipate no changes in liquidity, information costs, and tax differences, the yield on a risky security should be
A) greater than that on a safe security and the price of a risky security should also be greater than that of a safe security.
B) less than that on a safe security and the price of a risky security should also be less than that of a safe security.
C) greater than that on a safe security and the price of a risky security should be lower than that of a safe security.
D) less than that on a safe security and the price of a risky security should be greater than that on a safe security.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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pepebillypepebilly
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6 years ago
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kolitchko Author
wrote...

6 years ago
Correct Slight Smile TY
ediblefruitz
wrote...

Yesterday
Good timing, thanks!
jamiebonf99
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2 hours ago
this is exactly what I needed
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