An active manager will actually attempt to choose times of refinancing to take advantage of projected future changes in interest rates.

Name: An active manager will actually attempt to choose times of refinancing to take advantage of projected future changes in interest rates.
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Question

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Active managers aim to outperform the market by making strategic decisions, such as timing refinancing, based on their forecasts of future interest rate movements.

An Active Manager Will Actually Attempt to Choose Times of Refinancing