Question: 1+ Some of the practical problems with immunization are a. We assume a at term structure of interest rates b. We assume that any shifts

1+ Some of the practical problems with immunization are a. We

1+ Some of the practical problems with immunization are a. We assume a at term structure of interest rates b. We assume that any shifts in the term structure are parallel c. If the ti me-tomaturityr or yield of any of the instruments involved in an immunized position changes, the position will not generally remain immunized d. Durations and horizon dates change by the same amounts with the passage of time e. A, B and C

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