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13. Regarding short-term assets, riding the yield curve involves: a. Investing each time the yielld curve shifts. b. Investing the same amount each period to
13. Regarding short-term assets, "riding the yield curve" involves: a. Investing each time the yielld curve shifts. b. Investing the same amount each period to take advantage of an upwardsloping curve. c. Buying securities with maturities greater than the investment horizon, fully intending toliquidate them prior to maturity. d. Investing in adjustable rate securities
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