Question: One practical consideration with cash flow matching is O a. That immunization is usually an inferior strategy by comparison b. Small factor mismatches with the

One practical consideration with cash flow matching is

O a. That immunization is usually an inferior strategy by comparison

b. Small factor mismatches with the benchmark enable positive relative returns

O c There is no need to engage in periodic performance evaluation

O d. A conservative rate of return assumption concerning cash

balances since balances may occasionally be substantial

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