During the past several years, there has been substantial growth in the dollar amount of portfolios managed using immunization and dedication techniques. Assume a client wants to know the basic differences between (1) classical immunization, (2) cash-matched dedication, and (3) duration-matched dedication. a. Briefly describe each of these three techniques. b. Briefly discuss the ongoing investment action you would have to carry out if managing an immunized portfolio. c. Briefly discuss three of the major considerations involved with creating a cash-matched dedicated portfolio. d. Select one of the three alternative techniques that you believe requires the least degree of active management and justify your selection.

Which organization was established to train the hard-core unemployed? - better business bureau- equal employment opportunity commission- environmental protection agency- affirmative action committee- national alliance of business

Suppose that jim plans to borrow money for an education at texas a& m university. jim will need to borrow $25,000 at the end of each year for the next five years (total=$125,000). jim wishes his parents could pay for his education but they can’t. at least, he qualifies for government loans with a reduced interest rate while he is in school. he has a special arrangement with aggiebank to lend him the money at a subsidized rate of 1% over five years without having to make a payment until the end of the fifth year. however, at the end of the fifth year, jim agrees to pay off the loan by borrowing from longhorn bank. longhorn bank will lend him the money he needs at an annual interest rate of 6%. jim agrees to pay back the longhorn bank with 20 annual payments and the payments will be uniform (equal annual payments including principal and interest). (i) calculate how much money jim has to borrow at the end of 5 years to pay off the loan with aggiebank. a. $121,336 b. $127,525 c. $125,000 d. $102,020 e. none of the above

What is the correct percentage of texas teachers charged with ethics violations each year?