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Your retirement plan offers you a choice of three bond funds in which to invest. Harbor Bond Fund has a duration of 9.12, Putnam Bond

Your retirement plan offers you a choice of three bond funds in which to invest. Harbor Bond Fund has a duration of 9.12, Putnam Bond Fund has a duration of 1.74, and Wellington has a duration of 4.51. If you expect interest rates to go up, which fund should you choose? If you expect interest rates to go down, which fund should you choose?

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