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Please provide an explanation for your answer so I may understand, then I will give thumbs up. THANK YOU When a manager anticipates an increase

Please provide an explanation for your answer so I may understand, then I will give thumbs up. THANK YOU

When a manager anticipates an increase of the interest rate in the future, he should purchase bonds with:

  1. Close maturities and small coupons.

  2. Close maturities and big coupons.

  3. Far maturities and small coupons.

  4. Far maturities and big coupons.

  5. None of the above.

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