Câu 20: CSC: Canadian Securities Course

What best describes the investment strategies used by an interest-rate anticipator manager?

1. A. Altering the bond term to maintain the duration of the portfolio at the average level of mid-term interest rates.
2. B. Decreasing the duration of the portfolio to reduce the potential loss during periods of falling interest rates.
3. C. Holding bonds to maturity except during periods when the yield curve is inverted or flat.
4. D. Extending the average term of the bonds held in the portfolio when a decrease in the general level of interest rates is anticipated. — đáp án hiện tại