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

One practical consideration with cash flow matching is

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

O 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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