Under certainty, if the term structure is determined to preclude riskless arbitrage, what is the relationship between
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Under certainty, if the term structure is determined to preclude riskless arbitrage, what is the relationship between the yields on bonds of different maturities and why?
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Related Book For 
Contemporary Financial Intermediation
ISBN: 9780124052086
4th Edition
Authors: Stuart I. Greenbaum, Anjan V. Thakor, Arnoud Boot
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