An investor purchases bonds of 1, 3, 5 and 10 year maturities in a buy and hold portfolio. The investor has created a
A) diversified portfolio
B) income maximization strategy
C) total return strategy
D) laddered strategy
Answer: D
An investor purchases bonds of 1, 3, 5 and 10 year maturities in a buy and hold portfolio. The investor has created a
A) diversified portfolio
B) income maximization strategy
C) total return strategy
D) laddered strategy
Answer: D