Butterfly trade is a investing the same amount in long term


Butterfly trade is: (a) Investing the same amount in long term bonds in a rolling period; (b) Buying short-term and long-term bonds and short intermediate-term bonds; (c) Mimicking the portfolio of a bond index; (d) Buying under-priced bonds using various bond pricing models; (e) Betting on future Interest rate movement

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Financial Management: Butterfly trade is a investing the same amount in long term
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