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Which of the following involves the purchase of bonds of different maturities so that the interest and maturing repayment of the principal amounts create an
Which of the following involves the purchase of bonds of different maturities so that the interest and maturing repayment of the principal amounts create an ongoing flow of income?
A. Mature bond portfolio
B. Deferred bond portfolio
C. Laddered bond portfolio
D. Stairstep bond portfolio
It is not A.
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