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Conyers Bank holds U.S. Treasury bonds with a book value of $50 Treasury bonds currently are worth $28,387,500. he bank's portfolio manager wants to shorten

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Conyers Bank holds U.S. Treasury bonds with a book value of $50 Treasury bonds currently are worth $28,387,500. he bank's portfolio manager wants to shorten asset maturities. statements is true? ce the bank will have to take A. Th e portfolio manager is reluctant to sell the bonds outright sin a loss. B. The portfoli o manager is willing to sell the bonds outright since they are not as valuable as their book value. ore valuable than C. The portfolio manager is willing to sell the bonds outright since they are m their book value. D. The portfoli o manager is reluctant to sell the bonds outright since the bank will have to pay taxes on the gain. E. None of the above. shorten the bank's asset maturity, what type of risk is she 15. If the portfolio manager wants to concerned about? A. Credit risk. B. Foreign exchange rate risk. C. The risk of rising interest rates. D. The risk of falling interest rates. E. Default risk

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