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Assume that you manage an actively managed bond fund. If you expect the economy to weaken unexpectedly over the next year, then you should _________
Assume that you manage an actively managed bond fund. If you expect the economy to weaken unexpectedly over the next year, then you should _________ duration and ________ credit quality in your portfolio.
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A. increase; increase
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B. increase; decrease
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C. decrease; decrease
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D. decrease; increase
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