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In each case, please explain you buy more or less long-term bonds under the following circumtances 1) trading in these bonds increase, making them easier
In each case, please explain you buy more or less long-term bonds under the following circumtances 1) trading in these bonds increase, making them easier to sell 2) you expect a bear market in stocks ( stock prices are expected to decline) 3) brokerage commissions on stocks fall 4) you expect interest rates to rise 5) brokerage commissions on bonds fall
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