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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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