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What is the most suitable environment for a fixed - income portfolio manager to extend the bond term within a portfolio?AcronymsCalculatorA When interest rates are

What is the most suitable environment for a fixed

-

income portfolio manager to extend the bond term within a portfolio?AcronymsCalculatorA When interest rates are expected to rise.B When the yield curve is humped.C When the yield curve is flatD When interest rates are expected to fall.

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