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1. When the investors duration gap is negative: A. Reinvestment risk dominates, and the investor is at risk of lower rates. B. The investor is

1. When the investors duration gap is negative:

A. Reinvestment risk dominates, and the investor is at risk of lower rates.

B. The investor is hedged against interest rate risk.

C. Market price risk dominates, and the investor is at risk of higher rates.

D. The investor is at risk of both lower rates and higher rates.

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