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risk and if the duration of your bond portfolio is If the duration of your bond portfolio is greater than your investment horizon, the portfolio

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risk and if the duration of your bond portfolio is If the duration of your bond portfolio is greater than your investment horizon, the portfolio has greater exposure to less than your investment horizon, the portfolio has greater exposure to risk. reinvestment, reinvestment. interest rate, reinvestment. reinvestment, interest rate. interest rate, interest rate

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