Question: please answer question C, thank you! i will give thumbs up! b) Comment on Client l's comment above about the bank guaranteed contract. c) Comment/discuss

please answer question C, thank you! i will give thumbs up!
please answer question C, thank you! i will give thumbs up! b)
Comment on Client l's comment above about the bank guaranteed contract. c)

b) Comment on Client l's comment above about the bank guaranteed contract. c) Comment/discuss on client 2's comment about duration hedging and less dispersed payment on hedging outcomes. Client 2: The defined benefit pension plan for this client has an economic surplus of zero. In order to meet the liabilities for this plan, I will construct the portfolio duration to be equal that of the liabilities. In addition, I will have the portfolio payments be less dispersed in time than the liabilities

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