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frustelle frustelle
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9 months ago
A 10-year government bond is likely to offer a higher yield than a 5-year government security because of

▸ the real risk-free rate.

▸ default risk.

▸ taxation.

▸ interest rate risk.
Textbook 
Personal Finance

Personal Finance


Edition: 2nd
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lampardlampard
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9 months ago
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frustelle Author
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9 months ago
Smart ... Thanks!
ky
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Yesterday
Brilliant
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2 hours ago
this is exactly what I needed
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