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You have a portfolio with Macaulay duration of 8 years, however you are going to hold this portfolio for 9 years. Which type of interest
You have a portfolio with Macaulay duration of 8 years, however you are going to hold this portfolio for 9 years. Which type of interest rate risk are you predominantly exposed to?
Group of answer choices
Equal exposure to price risk and reinvestment risk.
Cannot be determined.
Price risk.
Reinvestment risk.
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