Duration Matching Immunizes a Portfolio Against

question 11

Multiple Choice

Duration matching immunizes a portfolio against

• A) Any parallel shift in the yield curve
• B) All shifts in the yield curve
• C) Changes in the steepness of the yield curve
• D) Small parallel shifts in the yield curve

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Definitions:

Classified Documents

Official documents that have been designated as confidential, secret, or top secret, and require authorization for access due to their sensitive nature.

Federal Government

A system of government where sovereignty is constitutionally divided between a central governing authority and subnational entities, such as states or provinces.

Privatization

The process of transferring ownership of a business, enterprise, agency, public service, or public property from the government to private individuals or organizations.

Youth Detention Center

A facility where juveniles are held temporarily in custody while awaiting court judgment or placement in long-term care facilities.