Question
MULTIPLE CHOICE In a contingent immunization, if the safety margin is zero, it means that the: A) Portfolio manager is generating return which is more
MULTIPLE CHOICE
In a contingent immunization, if the safety margin is zero, it means that the:
A) Portfolio manager is generating return which is more than the minimum target return
B) Minimum target value is equal to the pv of the market value
C) PV of the minimum target value is equal to the market value of the investment
D) PV of the minimum target value is higher than the market value of the investment
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
6th Edition
125991965X, 978-1259919657
