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

Understand the impact of physical and sociocultural context on cognitive development as per Piaget's theory.

Comprehend how early cognitive abilities evolve into more complex forms of thinking in later stages.

Critique Piaget's methods and theories based on modern perspectives and empirical evidence.

Understand how to calculate total costs including both variable and fixed components.

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Definitions:

Construction Company

A construction company is a business entity that deals with the building, remodeling, maintenance, and demolition of structures, such as homes, offices, and other buildings, employing a range of skilled and unskilled laborers.

Employee

An individual who is hired to provide services to a company on a regular basis in exchange for compensation.

Fixed

Refers to costs that do not vary with the level of output or production, like rent or salaries.

Long Run

A period in economics in which all factors of production and costs are variable, and firms can adjust all inputs.