Question
A pension-debt fund with a 7 year liability horizon
invests in a mix of 4-year and 10-year bonds, leading to overall portfolio duration of 8 years. What should the fund manager do to align with liabilities?Solution
With asset duration exceeding liability duration, the fund is overexposed to rate changes. The optimal solution is to use interest rate swaps to shorten effective duration and realign with liability.
If 'A' means ' X ', 'B' means '-', 'C' means '÷', and 'D' means '+', then what is the value of the expression:
{34 A (20 C 5) B (14 D 5)}
Who is spouse of Z?
Find the question mark ? figure from answer figure.
In a certain coding system, ‘matter occupies anything’ is coded as ‘395’, ‘that occupies space’ is coded as ‘941’ and ‘that matter req...
Select the option that is related to the fifth letter-cluster in the same way as the second letter-cluster is related to the first letter cluster and th...
Select the figure that will replace the question mark (?) in the following figure series.
To whom M is married?
Pointing to a man on the bus, Chloe said, “He is the brother of the daughter of the wife of my husband.” How is the man on the stage related to Chlo...
Answer the questions based on the information given below.
There are seven persons P, Q, R, S, A, B and C in a family of three generations. The...
Which among the following words cannot be formed using the letters of the given word only once?
EXAGGERATE
