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The Following Are All Examples of Real Options That Are

question 36

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The following are all examples of real options that are discussed in the text: (1)growth options, (2)flexibility options, (3)timing options,and (4)abandonment options.

Understand the fundamentals and challenges of immunization strategies in bond portfolio management.
Recognize the concepts of duration and modified duration as measures of interest rate sensitivity.
Identify the factors affecting bond duration and how they influence bond price volatility.
Understand the difference between active and passive bond portfolio management strategies.

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