Target Date Immunization Would Primarily Be of Interest to ________

question 83

Multiple Choice

Target date immunization would primarily be of interest to ________.

• A) banks
• B) mutual funds
• C) pension funds
• D) individual investors

---

Definitions:

Excess Cash

Funds that exceed the normal operational needs of a business, which may be invested or used for additional expenditures.

One-Time Payment

A payment that is made in a single installment rather than divided into multiple payments.

Net Working Capital

The difference between a company's current assets and its current liabilities, indicating short-term financial health.

Cash Dividend

A payment made by a company out of its profits to its shareholders in the form of cash.