medium · Certified Financial Planner Investment Planning
The Voss household needs to immunize a specific 10-year liability for their daughter's future wedding.
Which of the following instruments provides the most precise immunization match for this obligation?
- A coupon-bearing Treasury bond maturing in 10 years.
- A 15-year coupon bond with a duration of 10 years.
- A zero-coupon bond maturing in 10 years.
- A money market fund yielding 5%.
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