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Dr. David decides to invest $3 million in short-term fixed-income securities with an average duration of 3 years and $3 million in longer-term fixed-income securities
Dr. David decides to invest $3 million in short-term fixed-income securities with an average duration of 3 years and $3 million in longer-term fixed-income securities with an average duration of 7 years. What type of strategy is Dr. David using?
A. Barbell strategy.
B. Bullet strategy.
C. Long-short strategy.
D. Intermarket spread strategy.
A. Barbell strategy.
B. Bullet strategy.
C. Long-short strategy.
D. Intermarket spread strategy.
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A Barbell strategy The barbell strategy is an i...
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Principles of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Franklin Allen
13th edition
1260013901, 1260565553, 978-1260013900
