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The Effect of Interest-Rate Risk on Liquidity Premiums: An Empirical Investigation
Published online by Cambridge University Press: 19 October 2009
Extract
This paper investigates the relationship between interest-rate risk and liquidity premiums on U.S. Treasury bills. Interest-rate risk stems from uncertainty about the future general level of market interest rates.
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- Kenneth Trefftzs Student Award
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- Copyright © School of Business Administration, University of Washington 1974
References
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