An example of a Total Return Mandate is

	A.	investing in securities whose returns exactly match liability durations
	B.	using bonds to match liability cash flows
	C.	using Inflation Indexed bonds to reduce inflation sensitivity
	D.	producing a return 20bps higher than the Barclays Global Index

If Interest rates rise, RMBS owners will face

	A.	Liquidity Risk
	B.	Contraction Risk
	C.	Credit Risk
	D.	Extension Risk

One problem with Cash Flow Matching is

	A.	Does no work with "non parallel" yield curve shifts
	B.	Duration changes for very steep yield curves
	C.	Does ot work with "parallel" yield curve shifts
	D.	Finding fixed income instruments that exactly match liability cash flows

The asset goodwill affects whichof the 4 C's of credit

	A.	Collateral
	B.	Covenants
	C.	Character
	D.	Capacity