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A bond investment is immunized against interest rate risk (subject to limitations) as long as the ______ of the bond _________ the investment horizon A.

A bond investment is immunized against interest rate risk (subject to limitations) as long as the ______ of the bond _________ the investment horizon

  • A. maturity; equal to

  • B. maturity; greater than or equal to

  • C. duration; greater than or equal to

  • D. duration; equal to

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