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Which security (1 year, 5 year, 10 year, or 30 year maturity) would you want to own if you thought a severe recession was going
Which security (1 year, 5 year, 10 year, or 30 year maturity) would you want to own if you thought a severe recession was going to occur AND interest rates were going to decline (remember, no change in coupon rate)? Explain yiur answer.
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