Question: Comment on the following statement: If an interest-rate model allows the possibility of negative interest rates, then it is not useful in practice.

Comment on the following statement: “If an interest-rate model allows the possibility of negative interest rates, then it is not useful in practice.”

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Comment on the following statement: "If an interest-rate model allows the possibility of negative interest rates, then it is not useful in practice." AppendixLO1

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