1.

2.

Which of the following statements about Redington immunization is not true? Possible Answers PV(Assets) = PV(Liabilities) B Duration(Assets) = Duration(Liabilities) c Convexity(Assets) > Convexity(Liabilities) D The amount and the timing of assets and liabilities cash flows should match E It protects a company against small changes in interest rates Which of the following statements about full immunization is not true? Possible Answers A PV(Assets) = PV(Liabilities) B Duration(Assets) = Duration(Liabilities) C For each liability, there is one asset cash inflow before it and one after it. D It protects a company against any changes in interest rates E A company could be fully immunized without achieving Redington immunization