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Author Question: A risk premium is a. the difference between the earnings of a low risk asset and a high risk asset ... (Read 75 times)

burton19126

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A risk premium is
 a. the difference between the earnings of a low risk asset and a high risk asset
  b. premium paid to a security holder to compensate him for bearing a higher risk
  c. both A&B
 d. none of the above

Question 2

First-price auctions have all the following properties EXCEPT
 a. Highest bid wins
 b. Highest bidder pays the second highest bid
  c. The item is won by the highest bidder
 d. The price is set to the highest bid



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tmlewis4706

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Answer to Question 1

c

Answer to Question 2

b




burton19126

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Reply 2 on: Jul 1, 2018
Excellent


ultraflyy23

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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