Last Year, You Created an Immunized Portfolio with an Average

question 68

Multiple Choice

Last year, you created an immunized portfolio with an average maturity date of 14.5 years, a yield to maturity of 9.8%, and a duration of 9.6 years. According to the policy of dynamic immunization, which of the following is the best choice for modifying your portfolio?

• A)modify the yield to maturity to 9.1%
• B)modify the portfolio so the average maturity remains at 14.5 years
• C)modify the portfolio so the average maturity becomes 13.5 years
• D)modify the portfolio so the duration remains at 9.6 years
• E)modify the portfolio so the duration becomes 8.6 years

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Definitions:

Human Resource Needs

The requirements an organization has for workforce skills, knowledge, abilities, and capacities to achieve its goals.

Mission Objectives

Specific goals set out by an organization to guide actions and achieve its overall mission.

External Recruitment

The process of filling job vacancies within an organization by hiring individuals from outside the organization.

Fresh Perspectives

New, innovative viewpoints brought into an issue, project, or discussion.