Suppose that you are an investor who owns $10,000 in U.S. Treasury notes. a. Will you be

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Suppose that you are an investor who owns $10,000 in U.S. Treasury notes.
a. Will you be more worried about market interest rates rising or falling? Briefly explain.
b. How might you hedge against the risk you identified in part (a)?

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Money, Banking, and the Financial System

ISBN: 978-0134524061

3rd edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

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