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A bond portfolio manager is worried about rising interest rates and its adverse impact on the bond portfolio. To hedge against rising interest rates, the
A bond portfolio manager is worried about rising interest rates and its adverse impact on the bond portfolio. To hedge against rising interest rates, the portfolio manager would most likely:
| A | sell an interest rate cap. |
| B | buy an interest rate floor. |
| C | take a long position in an FRA. |
| D | take a long position in Eurodollar futures. |
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Stocks For The Long Run
Authors: Jeremy Siegel
6th Edition
1264269803, 978-1264269808
