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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