LOS c: Compare pension portfolios built from a traditional asset-only perspective to portfolios designed relative to liabilities and discuss why corporations may choose not to fully implement the liability mimicking portfolio.
Q1. Which of the following is NOT a characteristic of the liability-mimicking portfolio for a pension? The liability-mimicking portfolio:
A) will be costly.
B) will have a high return.
C) will have low risk.
Q2. Which of the following would NOT be typically included in the asset-only approach portfolio of a pension?
A) Medium-duration bonds.
B) Derivative contracts.
C) Short-duration bonds.
Q3. Which of the following would result in a pension plan investing more in equities?
A) The retirement benefits are no longer indexed to inflation.
B) The retirement benefits are indexed to inflation.
C) The workforce is younger.
[此贴子已经被作者于2009-3-5 16:20:34编辑过] | 
发表于 2009-3-5 16:19
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