Why is the opportunity cost of holding money the nominal interest rate that a bond pays?

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Economics Barrons Business Review Series

ISBN: 9781438008776

6th Edition

Authors: Walter J. Wessels

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Question Posted: Feb 18, 2024 04:00 AM

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Why is the opportunity cost of holding money the nominal interest rate that a bond pays?

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Holding cash pays nothing Holding a bond o...View the full answer

Economics Barrons Business Review Series

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