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The technique that attempts to construct a bond portfolio so that is cash flows can be used to meet specific plan liabilities, such as pay

The technique that attempts to construct a bond portfolio so that is cash flows

can be used to meet specific plan liabilities, such as pay benefits to a group of

retirees is known as:

A. Contingent immunization.

B. Immunization.

C. Dedication.

D. Portfolio insurance.

E. Passive investment.

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