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kolitchko kolitchko
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5 years ago
For the average individual investor, the gap between the short-term interest rate at which he can borrow and the rate at which he could invest in long-term bonds is likely to be
A) small or even negative, making the profitability of an interest -carry-trade strategy unlikely.
B) small or even negative, making the profitability of an interest -carry-trade strategy likely.
C) high, making the profitability of an interest -carry-trade strategy unlikely.
D) high, making the profitability of an interest -carry-trade strategy likely.
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Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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vehmeinvehmein
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