a. What is the basic underlying principle in an immunization strategy? b. Why may the matching of

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a. What is the basic underlying principle in an immunization strategy?

b. Why may the matching of the maturity of a coupon bond to the remaining time to maturity of a liability fail to immunize a portfolio?

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Bond Markets Analysis And Strategies

ISBN: 9780130402660

4th Edition

Authors: Frank J. Fabozzi

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Question Posted: Jul 27, 2024 06:01 AM

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a. What is the basic underlying principle in an immunization strategy? b. Why may the matching of

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Bond Markets Analysis And Strategies

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