11.11 Describe the process of bond portfolio immunisation, and explain why an investor would want to immunise

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11.11 Describe the process of bond portfolio immunisation, and explain why an investor would want to immunise a portfolio. Would you consider portfolio immunisation a passive investment strategy comparable to, say, a buy-and-hold approach? Explain.

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Fundamentals Of Investing

ISBN: 9781442532885

3rd Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott Smart, Roger Juchau, Donald Ross, Sue Wright

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