Why is there greater risk in a multi-periodimmunization strategy than a cash flow matching strategy?

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Bond Markets Analysis and Strategies

ISBN: 978-0133796773

9th edition

Authors: Frank J.Fabozzi

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Question Posted: Aug 22, 2015 07:48 AM

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Why is there greater risk in a multi-periodimmunization strategy than a cash flow matching strategy?

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To understand the greater risk in a multiperiod immunization strategy we need to first understand th...View the full answer

Bond Markets Analysis and Strategies

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