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Consider a portfolio manager who expects to receive a sum of money in three months that is to be invested in long-term interest-bearing securities. Discuss
Consider a portfolio manager who expects to receive a sum of money in three months that is to be invested in long-term interest-bearing securities. Discuss how the portfolio manager could use futures contracts in order to construct a long-term interest rate hedge.
If anyone could help me with this answer this would be great. It is around a three hundred word limit
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