The difference between the risk-free rate and the interest rate a particular investor has to pay is called the:
A. Both of these are true.
B. risk premium.
C. credit spread.
D. Neither of these is true.
Answer: A
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Resources that are ________ tend to be carefully managed to provide profits, which ensures that they will last a long time
A) publicly held B) privately owned C) scarce D) abundant
A country simultaneously raises tariffs on manufactured goods and overvalues the exchange rate. Why might these seemingly contradictory policies be pursued together?
What will be an ideal response?
The effect of trade on specialized employees of import-competing industries will be ________ jobs and ________ pay because they are relatively ________
A) fewer; lower; immobile B) fewer; lower; mobile C) more; lower; immobile D) more; higher; mobile E) more; higher; immobile
Which of the following is an advantage of? corporations?
A. Longevity B. Managerial demands C. Simplicity D. Reporting requirements E. Potential for conflict