Question: Dedication is not as widely used as immunization because it is hard to find undervalued bonds it needs more frequent rebalancing it imposes a severe

Dedication is not as widely used as immunization because
it is hard to find undervalued bonds
it needs more frequent rebalancing
it imposes a severe constraint on bond selection
it is less accurate when managing interest rate risk in bond portfolios
Dedication is not as widely used as immunization

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