Question: Market economists all predict a decrease in interest rates. An astute bond manager wishing to maximize her capital gain might employ which strategy? A. Switch
Market economists all predict a decrease in interest rates. An astute bond manager wishing to maximize her capital gain might employ which strategy?
| A. | Switch from low-duration to high-duration bonds. | |
| B | Switch from low-coupon to high-coupon bonds | |
| C. | Switch from high-duration to low-duration bonds | |
| D. | Switch from high-grade to low-grade bonds |
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