Assuming the government is selling a government bond to fight COVID-19, and at the same time, CECELIA

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Assuming the government is selling a government bond to fight COVID-19, and at the same time, CECELIA Goldfields Company is selling a corporate bond to increase its production.

Under what conditions will the production-linked corporate bond be oversubscribed at the expense of the government bond.

Please Explore all possible scenarios.

Posted Date: May 17, 2024 08:05 PM

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Assuming the government is selling a government bond to fight COVID-19, and at the same time, CECELIA

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