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| rev | Admin | (Created page with "'''Solution: B''' Besides present values of assets and liabilities matching, 1) their modified durations must also match, and 2) the convexity of the assets must exceed the convexity of the liabilities, in order for the company’s position to be immunized against small changes in interest rate. Only company V satisfies all these conditions. {{soacopyright | 2023 }}") | Nov 20'23 at 22:06 | +370 |