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Almeida county sold option-free bonds worth $10.00million to fund a new Library and these bonds are going to mature in September. The CFO of the
Almeida county sold option-free bonds worth $10.00million to fund a new Library and these bonds are going to mature in September. The CFO of the county is worried that the interest rates will drop by September. What should she do to avoid any unfavorable outcomes from interest rate changes? Group of answer choices A) Retire these bonds now B) Does nothing C) Sell futures contracts D) Buy treasury futures
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