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A normal (positive) duration means that the value of your bond portfolio will ______ should interest rates increase. a. Duration says nothing about bond value
A normal (positive) duration means that the value of your bond portfolio will ______ should interest rates increase.
a. | Duration says nothing about bond value changes in response to interest rates | |
b. | Decrease | |
c. | Stay unchanged | |
d. | Increase |
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