Question 7 -- / 10 Which of the following statements is FALSE? When we refer...
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Question 7 -- / 10 Which of the following statements is FALSE? When we refer to the "risk-free interest 1 rate," we mean the rate on U.S. Treasuries. 2 Interest rates vary with the investment horizon. 3 All borrowers, besides the U.S. Treasury, have some risk of default. When interest on a loan is tax deductible, the effective after-tax interest rate is tx (1 - r)
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