Question: Immunisation of a bond portfolio involves: Select one: a. holding a range of bond maturities to ensure that liquidity needs are met b. matching the

Immunisation of a bond portfolio involves:

Select one:

a. holding a range of bond maturities to ensure that liquidity needs are met

b. matching the duration of the bond portfolio with the duration of a liability

c. selling the bonds with the greatest interest rate risk

d. investing only in risk-free government bonds

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