\begin{tabular}{|l|l|} \hline \begin{tabular}{l} 7. A client has a cash need at the end of seven years. Which of the following investments \\ might initially immunize the portfolio? \end{tabular} \\ \begin{tabular}{lll} 1. A 9-year maturity coupon. \\ 2. A 7-year maturity coupon Treasury note. \\ 3. A series of Treasury bills. \end{tabular} \\ \hline A. & Statements 1, 2, and 3 \\ B. & Statement 1 only \\ C. & Statements 2 and 3 \\ D. & Statement 2 only 1 and 2 \\ \hline E. & \\ \hline \end{tabular}