THE INTEREST RATE MANAGEMENT EFFECT OF THE PORTFOLIO WOULD BE B...

60. The interest rate management effect of the portfolio would be best calculated by subtracting the

return of the:

A. portfolio if each security was repriced as if it were default free from the return of the

portfolio.

B. entire treasury universe from the return of the portfolio if each security was repriced as if it

were default free.

C. entire treasury universe from the return of the portfolio.

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