Jerry Smith and his wife are retiring and decide to sell off all their stock holding to buy a bond portfolio. He would like to avoid re-investment risk and have a series of cashflow coming every year over the next 10 years to travel around the world. They should consider

• A

  Laddered strategy

• B

  Matching strategy

• C

  Interest rate strategy

• D

  Beyonce strategy

Connie Jones thinks that the 30-year treasury bond yield will drop sharply and so, hopes to set up a profitable trade. She should consider

• A

  Laddered strategy

• B

  Matching strategy

• C

  Interest rate strategy

• D

  Citi alpha strategy