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If you expected interest rates to fall, you would prefer to own bonds with a. short durations and high convexity. b. long durations and high
If you expected interest rates to fall, you would prefer to own bonds with a. short durations and high convexity. b. long durations and high convexity. Oc long durations and low convexity. d. high durations and short convexity. e. None of these choices are correct
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