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23. Using your own drawings, similar to the graphs that were used in the video on duration, explain why you should be in low (or

23. Using your own drawings, similar to the graphs that were used in the video on duration, explain why you should be in low (or high) coupon bonds and long (or short) maturity bonds if you think interest rates are going to rise. How does the coupon level and maturity level affect duration and how does duration affect your risk. Show your work in the uploaded document.

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