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borteleto borteleto
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Posts: 2477
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5 years ago
Suppose the following rates are averages for banks in your area: interest checking accounts pay 1%, savings accounts pay 2%, and one-year certificates of deposit pay 3%. All accounts are federally insured by the FDIC. The difference in rates can be explained mainly by
A) liquidity premiums.
B) default risk premiums.
C) maturity premiums.
D) inflation risk premiums.
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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Marc18Marc18
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5 years ago
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borteleto Author
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This calls for a celebration Person Raising Both Hands in Celebration
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Thank you, thank you, thank you!
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Good timing, thanks!
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