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Which of the following is true regarding bond portfolio immunization? O a. It requires choosing an asset portfolio that matches the index Ob. It requires

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Which of the following is true regarding bond portfolio immunization? O a. It requires choosing an asset portfolio that matches the index Ob. It requires choosing a liability portfolio that matches the index Oc It requires rebalancing as time and interest rate changes O d. After setting up an immunized portfolio, the duration of assets and liabilities change at the same rate. e None of the other options is correct

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