Based on the data in Exhibit 1 , the bond portfolio strategy used by the fi red

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Based on the data in Exhibit 1 , the bond portfolio strategy used by the fi red manager can best be described as:

A . pure bond index matching.

B . enhanced indexing/matching risk factors.

C . active management/larger risk factor mismatches.

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Fixed Income Analysis

ISBN: 9788126563128

3rd Edition

Authors: Barbara S. Petitt, Jerald E. Pinto, Wendy L. Pirie, Bob Kopprasch

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