50. An investor owns a fixed-income portfolio that includes 30 different investment grade issues. Which of the following comments would most likely be made by an investor influenced by behavioral issues? a. The portfolio duration matches my investment horizon. b. I will immediately rebalance my portfolio when a specific issue is downgraded. c. If inflation spikes, the value of my portfolio will very likely fall. d. I reinvest my coupons in a money market fund to finance a future purchase. 80. Hiral is considering buying a 10-year puttable bond or a 10-year callable bond. Each of the bonds has the same default risk and coupon rate. Which of the following is not correct? a. The semi-annual coupon payments will be exactly the same. b. The par value of the bonds is exactly the same. c. The YTM based on price and calculated to maturity for the puttable bond will be greater than the callable bond. d. Both bonds can be priced based on the combination of the cash flows of the bond plus the value of the embedded option