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When the duration of a portfolio's assets matches the duration of its liabilities, adjusted for leverage, it is: Select one: a. exposed to interest rate

When the duration of a portfolio's assets matches the duration of its liabilities, adjusted for leverage, it is:

Select one:

a. exposed to interest rate risk.

b. immunized against interest rate risk.

c. protected against default risk.

d. exposed to credit risk only.

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