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What is a laddered portfolio? 1) A ladder portfolio has its highest yielding bonds at the top of the maturity range. 2) A ladder portfolio

What is a laddered portfolio?

1) A ladder portfolio has its highest yielding bonds at the top of the maturity range.

2) A ladder portfolio is constructed to have approximately equal amounts of each maturity.

3) A ladder portfolio does not conform to specific underwriting standards.

4) none of the above.

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