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In which of the following cases interest rate risk is expected to rise? 1) An insurance company plans to buy bonds in two months. 2)

In which of the following cases interest rate risk is expected to rise? 1) An insurance company plans to buy bonds in two months. 2) A commercial bank plans to issue CDs in three months. 3)A finance company has assets with a duration of six years and liabilities with a duration of 13 years. 4) None of the above

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