Question: Freda will need to issue ten-year bonds in four-months' time. She is most exposed to: a.short-term interest rates rising. b.long-term interest rates rising. c.short-term interest
Freda will need to issue ten-year bonds in four-months' time. She is most exposed to:
a.short-term interest rates rising.
b.long-term interest rates rising.
c.short-term interest rates falling.
d.long-term interest rates falling.
e.a ratio hedge of short- to long-term interest rates.
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