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Mathematics, 16.08.2020 01:01 tashanicole
Which of the following statements regarding immunization are true?
I. If long-term interest rates are lower than short-term rates, the need for immunization is reduced.
II. Either Macaulay or modified duration can be used to develop an immunization strategy.
III. Both processes of matching the present values of the flows or the flows themselves will produce exact matching
A. I only
B. II only
C. III only
D. I, II and III
E. The correct answer is not given by (A), (B), (C), or (D).
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Answers: 3
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Which of the following statements regarding immunization are true?
I. If long-term interest rates a...
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