Question: A one - time decrease in the level of interest rates increases the return on a fixed income portfolio if: Select one A . The
A onetime decrease in the level of interest rates increases the return on a fixed income portfolio if:
Select one
A The holding period is less than the duration of the portfolio.
B The holding period equals the duration of the portfolio.
C The holding period exceeds the duration of the portfolio.
D The holding period exceeds the average maturity of the bonds.
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