Th e condition that Haley cannot remember in his Statement #2 is that the: A . cash

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Th e condition that Haley cannot remember in his Statement #2 is that the:

A . cash fl ows in the portfolio must be dispersed around the horizon date.

B . cash fl ows in the portfolio must be concentrated around the horizon date.

C . distribution of durations of individual assets in the portfolio must have a wider range than the distribution of the liabilities.

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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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