FIN 351 CHAPTER 12 QUIZ 55

FIN 351 CHAPTER 12 QUIZ  55
When the bond investor believes interest rates are going to fall, the best strategy would be to
A. Take a bearish position in the market by selling long-term bonds
B. Take a bullish position in the market by buying long-term bonds
C. Move out of bonds completely
D. Keep his portfolio unchanged

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