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Market economists all predict a rise in interest rates. An astute bond manager wishing to maximize her capital gain might employ which strategy? Group of
Market economists all predict a rise in interest rates. An astute bond manager wishing to maximize her capital gain might employ which strategy?
Group of answer choices
A. Switch from high-grade to low-grade bonds
B. Switch from low-duration to high-duration bonds.
C. Switch from high-duration to low-duration bonds.
D. Switch from low-coupon to high-coupon bonds.
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