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Immunizing Multiple Liabilities

September 1, 2020July 23, 2020 by CFA Study Guide
CFA Fixed Income

The principle of interest rate immunization applies to multiple liabilities in addition to a single liability.  There are several approaches …

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Fixed Income Mandates

July 22, 2020 by CFA Study Guide
CFA Fixed Income

Liability Based Mandates Users of liability-based mandates include individuals funding specific cash flow and lifestyle needs as well as institutions …

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