Last Year,you Created an Immunized Portfolio with an Average Maturity

question 72

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 percent,and a duration of 9.6 years.According to the policy of dynamic immunization,you should now modify your portfolio in which one of the following ways?

• A) modify the yield-to-maturity to 9.1 percent
• 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:

Phenomena

Observable events or occurrences that can be studied scientifically or philosophically to understand their nature and properties.

Knowledge

Information, understanding, or skill that one gets from experience or education.

Generalizations

Broad statements or conclusions drawn from specific instances, often used to simplify complex information.

Science of Human Caring

A nursing theory that emphasizes the importance of interpersonal relationships in the promotion and restoration of health.