Immunization Is Not a Strictly Passive Strategy Because

question 10

Multiple Choice

Immunization is not a strictly passive strategy because

• A)it requires choosing an asset portfolio that matches an index.
• B)there is likely to be a gap between the values of assets and liabilities in most portfolios.
• C)it requires frequent rebalancing as maturities and interest rates change.
• D)durations of assets and liabilities fall at the same rate.
• E)None of the options

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Definitions:

Slavery

A system in which individuals are owned by others, deprived of personal freedom, and forced to perform labor or services.

Emancipation

The act of freeing someone from slavery or oppression; often refers to the abolition of slavery in the United States.

Emancipation Proclamation

A historic executive order issued by President Abraham Lincoln in 1863, declaring the freedom of all enslaved people in Confederate states during the American Civil War.

Foreign Support

Assistance or backing provided by entities or governments from countries other than one's own.