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Freda will need to issue ten-year bonds in four-months time. She is most exposed to: a. short-term interest rates rising. b. long-term interest rates rising.
Freda will need to issue ten-year bonds in four-months time. She is most exposed to:
a. short-term interest rates rising.
b. long-term interest rates rising.
c. short-term interest rates falling.
d. long-term interest rates falling.
e. a ratio hedge of short- to long-term interest rates.
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