Question: 1) How does time preferences for consumption affect interest rate? 2) (True/False. Explain) Investors in higher tax brackets often choose municipal bonds (muni) over higher
1) How does time preferences for consumption affect interest rate?
2) (True/False. Explain) Investors in higher tax brackets often choose municipal bonds (muni) over higher yield bonds of similar risk classes.
3) (True/False. Explain) A company reporting higher FCFs will always be valued higher than a company reporting lower FCFs
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