Lecture Financial institutions, markets, and money (9th Edition): Chapter 8 - Kidwell, Blackwell, Whidbee, Peterson
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Chapter 8 - Bond markets. Chapter 7 discussed money market instruments that have minimal credit risk. These instruments are reasonably homogeneous and are issued and held by economic units as a means to adjust liquidity. This chapter, in contrast, discusses capital market instruments whose terms, conditions, and risk vary substantially.
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Lecture Financial institutions, markets, and money (9th Edition): Chapter 8 - Kidwell, Blackwell, Whidbee, Peterson
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Lecture Financial institutions, markets, and money (9th Edition): Chapter 8 - Kidwell, Blackwell, Whidbee, Peterson
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