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You were just informed that your grand aunt Anita has a large portfolio of corporate bonds of different maturities. She has asked your advice on
You were just informed that your grand aunt Anita has a large portfolio of corporate bonds of different maturities. She has asked your advice on whether to buy more or get rid of some. You anticipate an increase in interest rates in the near future. How would you advise her? Would your advice depend on the maturity of individual bonds?
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