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If you expect r_d to increase, what should be your bond trading strategy? a Decrease the exposure to reinvestment risk and increase the exposure to
If you expect r_d to increase, what should be your bond trading strategy?
a | Decrease the exposure to reinvestment risk and increase the exposure to price risk. |
b | Decrease the exposure to reinvestment risk and decrease the exposure to price risk. |
c | Increase the exposure to reinvestment risk and decrease the exposure to price risk. |
d | Increase the exposure to reinvestment risk and increase the exposure to price risk. |
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