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Question 9 6 pts You closely follow the stock of Rate Corp., and you notice that the stock is very sensitive to interest rate movements.
Question 9 6 pts You closely follow the stock of Rate Corp., and you notice that the stock is very sensitive to interest rate movements. To be specific, Rate Corp. shares tend to go up when rates go up, and its shares go down when rates go down. You conclude that: Group of answer choices O Rate Corp's liabilities have a longer duration than its assets O Rate Corp's equity is immunized O Rate Corp's assets have a longer duration than its liabilities
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