Question
Immunization of a single liability involves matching the _______ of the liability and the underlying portfolio. A portfolio may not remain immunized to interest rate
Immunization of a single liability involves matching the _______ of the liability and the underlying portfolio. A portfolio may not remain immunized to interest rate changes if there are ______ shifts to the yield curve:
- A. duration; parallel
- B. maturity; non-parallel
- C. duration; non-parallel
- D. maturity; parallel
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ABC Finance Coloring Book Familys First Financial Literacy Book
Authors: Jason Conger
1st Edition
1955961026, 978-1955961028
