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Contingent immunization strategies: a. Insures that the modified duration of the portfolio is always equal to the desired investment horizon. b. Provide the bond portfolio
Contingent immunization strategies: a. Insures that the modified duration of the portfolio is always equal to the desired investment horizon. b. Provide the bond portfolio manager to engage in various active portfolio strategies if the client is willing to accept a floor value. c. Guarantees that the end of the holding period wealth will not be impacted by interest rate changes. d. All of the above statements are true. None of the above statements are true
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