Chapter 8 Terms Flashcards
1
Q
Accommodates Bonds With Embedded Options
A
Effective Duration
2
Q
Ladder Strategy
A
Establishing portfolio of bonds with staggering maturities
3
Q
Barbell Strategy
A
One half of portfolio is shorter-term bonds, and the other half is longer term
4
Q
Bullet Strategy
A
Purchasing a portfolio of bonds with similar maturities
5
Q
A