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An investor is expecting declining interest rates. In order to potentially maximize their returns (factoring only price movement), they should rebalance their fixed income holdings

An investor is expecting declining interest rates. In order to potentially maximize their returns (factoring only price movement), they should rebalance their fixed income holdings to bonds with the _________ coupon and the _________ maturity.

lowest; shortest

lowest; longest

highest; longest

highest; shortest

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