With a Matched Funding Technique, Portfolio Managers Try to Match

question 105

True/False

With a matched funding technique, portfolio managers try to match specific liability obligations due at specific times to a portfolio of bonds that minimize the portfolio's interest rate risk.

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Definitions:

Rent-Seeking Behavior

Activities aimed at gaining financial benefits through manipulation or exploitation of the political or economic environment rather than through trade and production of wealth.

Ballot Measure

A proposal put to a vote of the general public, allowing voters to make direct decisions on legislation or policy issues.

School Funding

The financial resources provided for public schools, typically derived from taxes and allocated by governmental entities to support education.

Constituents

Members or components that form a part of a larger group, or individuals who are represented by elected officials.