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If a banker expects interest rates to rise in the future, her best strategy for the present is to sell short-term bonds. to decrease the
If a banker expects interest rates to rise in the future, her best strategy for the present is
to sell short-term bonds. | ||
to decrease the duration of the bank's assets. | ||
to decrease the duration of the bank's liabilities. | ||
to buy long-term certificates of deposit. |
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