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The equity premium puzzle refers to the inability of an important class of economic models to explain the average equity risk premium (ERP) provided by a diversified portfolio of equities over that of government bonds, which has been observed for more than 100 years.
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Direct finance is a method of financing where borrowers borrow funds directly from the financial market without using a third party service, such as a financial intermediary. This is different from indirect financing where a financial intermediary takes the money from the lender with an interest rate and lends it to a borrower with a higher ...
Category:Philippines stubs (population: 632) General information. This is a stub template. A brief explanation of these templates follows; for full details please consult Wikipedia:Stub. What is a stub? A stub is an article containing only a few sentences of text which is too short to provide encyclopedic coverage of a subject. How is a stub ...
There is an inverse relationship between call rates and other short-term money market instruments such as certificates of deposit and commercial paper. A rise in call money rates makes other sources of finance, such as commercial paper and certificates of deposit, cheaper in comparison for banks to raise funds from these sources.
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