Question: Th e condition that Haley cannot remember in his Statement #2 is that the: A . cash fl ows in the portfolio must be dispersed
Th e condition that Haley cannot remember in his Statement #2 is that the:
A . cash fl ows in the portfolio must be dispersed around the horizon date.
B . cash fl ows in the portfolio must be concentrated around the horizon date.
C . distribution of durations of individual assets in the portfolio must have a wider range than the distribution of the liabilities.
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