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Business, 21.03.2020 06:07 kayranicole1

According to the liquidity premium theory of the term structure of interest rates, if the one-year bond rate is expected to be 4%, 6%, and 9% over each of the next three years, and if the liquidity premium on a three-year bond is 3%, then the interest rate on a three-year bond is .

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According to the liquidity premium theory of the term structure of interest rates, if the one-year b...
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