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Which of the following is not an Active Strategy for bond portfolio management? a. The Ladder Strategy b. Riding the Yield Curve c. Convergence d.

Which of the following is not an Active Strategy for bond portfolio management?

a.

The Ladder Strategy

b.

Riding the Yield Curve

c.

Convergence

d.

The Barbell Strategy

Describe the passive bond portfolio management strategy. Include in your description a discussion of indexing, diversification, and general performance compared to active strategies.

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