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When managing a bond portfolio, the performance effects of adopting an interest rate anticipation strategy refer to: the difference in portfolio duration and index duration.
When managing a bond portfolio, the performance effects of adopting an interest rate anticipation strategy refer to:
the difference in portfolio duration and index duration.
the extra return attributable to acquiring bonds that are temporarily mispriced relative to risk.
short-run changes in the portfolio during a specific period.
the differential return from changing duration of the portfolio during a specific period.
None of these are correct.
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