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Chapter 6: The Risk and Term Structure...
Synopsis
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The supply and demand analysis of interest rate behavior in Chapter 5 examined the determination of just one interest rate, even though there are many different interest rates in the economy. This chapter completes the interest rate picture by examining the relationship among interest rates on securities that differ in their riskiness, liquidity, income tax treatment, and term to maturity.
For a more detailed chapter review with additional exercises and self-tests, order the Student Study Guide, ISBN 0-321-19416-0.
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