What does the efficient-market hypothesis have to say about these two statements?
a. “I notice that short-term interest rates are about 1% below long-term rates. We should borrow short-term.”
b. “I notice that interest rates in Japan are lower than rates in the United States. We would do better to borrow Japanese yen rather than U.S. dollars.”
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.